What is Repo Rate? How Repo Rate affects Inflation? | Economy Explained

Описание: #rbinews What is Repo Rate? Who decides repo rate? How does repo rate affects consumer demand of goods and services. How is repo rate linked to Inflation? Why RBI uses repo rate to impact the economy. What are monetary policy tools used by RBI. Hey friends, in this video you will find answers to some of the above answers to the above question explained in easy manner. In very simple and easy way you will learn what is repo rate, how does RBI decides Repo Rate, how it impacts the economy,etc. So, please watch the video till the end to learn how. #reporate

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Repo rate is the rate of interest at which commercial banks in India borrow money from the Reserve Bank of India.

NEWS- RBI keeps repo rate unchanged, maintains focus on withdrawal of accommodation; market steady. RBI Keeps Repo Rate at 6.5%, Predicts 6.5% GDP Growth Rate. RBI Monetary Policy live updates: RBI keeps repo rate unchanged at 6.5%
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