Understanding the difference between repo and reverse repo rate is essential for students preparing for UPSC, SSC, banking exams, or even for someone wanting to be more financially literate.

The major announcements of the Reserve Bank of India made by Shaktikanta Das (The Governor of RBI) involve: No change in Repo Rate. It remains at 4% No change in Reverse Repo Rate. It remains at 3 ...

The reverse repo rate - the interest rate banks earn ... in a small increase as the central bank tries to normalise the gap between the lending and borrowing rate to pre COVID-19 levels.

Mumbai, May 8 () With government borrowings likely to increase in the current fiscal, there is a need to increase the demand for bonds and conduct reverse repo as well as term reverse repo ...