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What is the term for the interest rate at which the RBI lends money to commercial banks in India?

Question

What is the term for the interest rate at which the RBI lends money to commercial banks in India?
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Solution 1

The term for the interest rate at which the Reserve Bank of India (RBI) lends money to commercial banks in India is called the "Repo Rate".

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  1. The Reserve Bank of India (R Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI is a powerful AI-powered study tool designed to help you to solve study pro

problem. Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem. Kn

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