what is the meaning of repo and rev repo rate of rbi?

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what is the meaning of repo and rev repo rate of rbi?

2006-07-04 22:29:59 · 1 answers · asked by abhay_rathore2001 1 in Education & Reference ➔ Higher Education (University +)

1 answers

This really belongs in the Finance area.

The Repo Market is where one party borrows money for a short time using a security as collateral. The other side lends money -- but may be motivated to to it because they need to borrow the security for a short position.

This link should tell you what you want to know.

2006-07-05 00:43:22 · answer #1 · answered by Ranto 7 · 0⤊ 0⤋