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The RBI Governor leads the Monetary Policy Committee (MPC), which sets the reverse repo rate as well as the repo rate. Both are a part of the monetary policy known as the Liquidity Adjustment Facility (LAF), which permits banks to borrow through repurchase agreements. The RBI uses both of...
Low volume leads GMAC to quit reverse originations.(GMAC Mortgage)(Brief Article)(Statistical Data Included)Finkelstein, By Brad
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