Repo rate is the rate at which RBI lends money to commercial banks when they run out of funds. The commercial banks have to provide RBI recognized securities that are above the Statutory Liquidity Ratio (SLR) to get these short term loans from the RBI. The rate of interest that the RBI charge from the banks is called repo rate. Introduced by RBI on the recommendations of the Narasimham Committe
There are two types of loans available in the market i.e. Unsecured loans and Secured Loans. However, it depends on your requirement and suitability that which type of loan will you choose to meet your immediate expenses. In an unsecured loan, there is no requirement to keep your asset or propert
We spend a lot of time in our living room, so it not only needs to look great but should be comfortable and spacious. You must decorate your place in a way that maximizes light and space. You must also pay attention to how you use color, scale, and weight. It can make quite a difference. Your living room should work as a space for entertainment and relaxation. You can make your livin
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