Repo 105 is a repurchase agreement that results in the manipulation of financial statements. Under repo 105, short term loan is recorded as a sale and the cash obtained through this "sale" is used to ...
What is the repo rate? The repo rate, or the key interest rate at which the RBI lends money to commercial banks, plays a significant role in determining the cost of borrowing for individuals and ...
The Reserve Bank of India (RBI) on April 9, 2025, cut the repo rate by 25 basis points (bps), bringing it down from 6.25 per cent to 6 per cent during the meeting of the Monetary Policy Committee (MPC ...