Download BANK BIBLE PDF For Bank Exam


BANK BIBLE PDF For Bank Exam
Here we are here BANK BIBLE PDF   for you, To improve your exam preparation.
Give up on your frustration but never on your hopes. Give up thinking about your setbacks but never on your goals. Give up worrying about your past but never on your future.

BANK BIBLE PDF

What is Repo rate?
Repo rate is the rate at which our banks borrow rupees from RBI. Whenever the banks have any shortage of funds they can borrow it from RBI. A reduction in the repo rate will help banks to get money at a cheaper rate. When the repo rate increases, borrowing from RBI becomes more expensive.

What is Reverse Repo Rate?
This is exact opposite of Repo rate. Reverse Repo rate is the rate at which Reserve Bank of India (RBI) borrows money from banks. RBI uses this tool when it feels there is too much money floating in the banking system. Banks are always happy to lend money to RBI since their money is in safe hands with a good interest. An increase in Reverse repo rate can cause the banks to transfer more funds to RBI due to this attractive interest rates.

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Aspirants Notes Exam Prep: Banking, IAS, SSC, TNPSC, RRB, Entrance Exam: Download BANK BIBLE PDF For Bank Exam
Download BANK BIBLE PDF For Bank Exam
Download BANK BIBLE PDF For Bank Exam
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Aspirants Notes Exam Prep: Banking, IAS, SSC, TNPSC, RRB, Entrance Exam
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