Central Bank / Repo Rate
💡 In plain English: The interest rate at which the central bank lends to commercial banks — the master dial that influences every loan rate in the country.
Definition
The interest rate at which a central bank (RBI in India, Fed in USA) lends to commercial banks — the foundation of all other interest rates.
📌 Real-World Example
RBI repo rate: 6.5% (2024). When RBI raises it: home loan rates rise, EMIs increase, stock markets often fall. When cut: borrowing gets cheaper, markets often rally.
Related Terms
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