Reverse Repo Rate
Noun
US
/rɪˈvɜːs ˈriːpəʊ reɪt/
UK
/rɪˈvɜːs ˈriːpəʊ reɪt/
US
/rɪˈvɜːs ˈriːpəʊ reɪt/
UK
/rɪˈvɜːs ˈriːpəʊ reɪt/
The rate at which the central bank borrows money from commercial banks.
Reverse Repo Rate plays a key role in banking operations and personal borrowing decisions.
Also known as: Standing Deposit Facility Rate. Closely related to Repo Rate, Monetary Policy.
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Reverse Repo Rate - key concept in Banking & Interest.
Monetary policy; Liquidity management
Applied in Banking & Interest contexts: Monetary policy; Liquidity management