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What is repo rate, reverse repo & MSF?

Reverse repo is the rate at which when banks have excess funds they can park that money with the Reserve Bank of India and the interest rates that the Reserve Bank of India pays to the banks for parking their excess money is the reverse repo rate, says Sonal Varma, Executive Director & India economist, Nomura.

first published: Oct 26, 2013 05:38 pm

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