What is d difference beetwen repo rate and bank rate.
repo: the rate charged by rbi by giving short tetm lending to banks
bank rate:rhe rate charged by rbi by giving long term lending to banks against securities
Repo rate is that on which RBI gives loan to bankand bank rate is on which bank offers loan to its customer
Repo rate is issued by rbi to the other bank
Oh then bAnk jis rate pe loan deti h wo kya h aur bank rate kaun fix krta h
Both are equal but repo rate is a short term loan and bank rate is a long term loan