What is RBI Repo Rate? Key monetary policy bank interest rate cut, increase explained

#RepoRate #ReverseRepoRate #RBI

Did you know that repo rate is one of the most significant rates for the common man? Everything from interest rates you pay on your loans to the returns your bank gives you on deposits is influenced by this key rate set by the RBI. In this video, we explain what is repo rate and reverse repo rate?

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