Repo rate and reverse repo rate determine the rate at which the central banks lend to the commercial banks and vice-versa. Securities are traded at this rates, which raise the reserve of the central banks. Here is a small report that determines transactions based on the repo rates.
Anirban Kar (Riju)
A writer by passion, an engineer by degree, a consultant by profession, a poet by heart, an artist by mind, a sportsman by nature and a man by words! He has completed his degree coursework from the USA, and is an engineering graduate from India. View all posts by Anirban Kar (Riju)