Do you know that Repo auction framework is different from Repo rate?

Repo rate is the rate at which the RBI lends shotterm money to the banks against the security of all SLR-eligible transferable Government of India- dated Securities, Treasury Bills and State Development Loans (SDL). The repo auction framework is a new regime for liquidity management to keep overnight rates close to the repo rate. Under … Continue reading Do you know that Repo auction framework is different from Repo rate?