- 28 Sep 2023
What does Repo Rate mean?
Do you know, how does the RBI determine at what rate of interest should it lend money to banks? Tune in to understand Repo rates, RBI's go-to weapon against inflation! The RBI uses the repo rate to give signals of the direction of interest rates and inflation. Between May 2022 and February 2023, RBI hiked repo rates from 4.00% to 6.50% to control inflation. Watch now and take your trading skills to the next level!
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