What is Repo Rate? Current Repo Rate, Working & More
Razorpay
JULY 26, 2023
Understanding Repurchase Agreements or Repurchase Options When a commercial bank is short on funds, it may enter into an agreement with the RBI. Under this agreement, the commercial bank sells government securities to the RBI in exchange for cash. Later, the commercial bank buys these securities back at a higher price.
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