Economy

What is the difference between repo rate, reverse repo rate, and MSF? The Reserve Bank of India (RBI) possesses numerous monetary policy tools that influence interest rates. Repo rate, reverse repo rate, and MSF are quantitative instruments that the central bank employs to influence the money supply in the economy. Repo rate, commonly referred to … Read more

•K-shaped recovery occurs when, following a recession, different parts of the economy recover at different rates, times, or magnitudes. •V-shaped recovery, an economy that has suffered a sharp economic decline experiences a fast and strong rebound •W-shaped recovery, which is also called a “double dip”, means the economy picks up only to fall again and … Read more

Nidhi refers to any mutual benefit society notified by the Central Govt as a Nidhi Company. They are created mainly for cultivating the habit of thrift and savings amongst its members. •The companies doing Nidhi business (borrowing from members and lending to members only), are known under different names such as Nidhi, Permanent Fund, Benefit … Read more