REVERSE_REPO_RATE

Reverse Repo Rate

The rate at which the RBI borrows money from commercial banks. It is used to absorb excess liquidity from the banking system and manage short-term interest rates.

Related Terms

Ramsar Convention
An international treaty (1971) for the conservation and sustainable use of wetlands. India has over 80 designated Ramsar Sites of international importance.
Repo Rate
The rate at which the RBI lends short-term money to commercial banks against government securities. It is the primary tool of monetary policy to control inflation and liquidity.
Right to Information
The RTI Act, 2005 empowers citizens to seek information from public authorities, promoting transparency and accountability in governance. It applies to all constitutional authorities and public bodies.

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