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What is cash reserve ratio and repo rate?

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What is cash reserve ratio and repo rate?

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  1. Well CRR means it is the part of the money other banks have to park at RBI and repo rate is the rate at which RBI lends money to other banks.


  2. CRR is the reserve amount the banks have to keep with RBI

    Repo rate is the interest rate collected  by RBI from the Banks for the loans taken by the banks from RBI.
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