The Reserve Bank of India (RBI) is the central banking institution of India and one of its main functions is to regulate the country's monetary policy. One of the tools that the RBI uses to influence the economy is the repo rate, which is the rate at which commercial banks can borrow money from the central bank. Whenever there is an announcement about the increase in … [Read more...] about How Will An Increase In Repo Rate By RBI Affect The Common Man?
Banking Minutes
Smart Banking Ideas In Minutes