{"id":225822,"date":"2025-09-26T10:58:29","date_gmt":"2025-09-26T05:28:29","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=225822"},"modified":"2025-09-26T10:58:36","modified_gmt":"2025-09-26T05:28:36","slug":"repo-rate","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/repo-rate\/","title":{"rendered":"Repo Rate Meaning, Formula, How It Works and Current Repo Rate"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_77 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of content<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#What_is_Repo_Rate\" >What is Repo Rate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#What_is_the_Repo_Rate_Formula\" >What is the Repo Rate Formula?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#What_is_Bank_Rate\" >What is Bank Rate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#What_is_Reverse_Repo_Rate\" >What is Reverse Repo Rate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#Current_Repo_Rate_in_India\" >Current Repo Rate in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#How_Does_the_Repo_Rate_Function\" >How Does the Repo Rate Function?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#Repo_Rate_and_Home_Loans\" >Repo Rate and Home Loans<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#Why_Is_the_Repo_Rate_Important_for_Banking_Aspirants\" >Why Is the Repo Rate Important for Banking Aspirants?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#15_Repo_Rate_Questions_for_Bank_Exam_Aspirants\" >15 Repo Rate Questions for Bank Exam Aspirants<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#FAQs_on_Repo_Rate\" >FAQs on Repo Rate<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>Understanding the Repo Rate is crucial for banking exam aspirants preparing for IBPS, SBI, RBI, SEBI, NABARD, and other competitive exams. The repo rate and related monetary policy tools form an important part of the banking awareness section. This article covers the repo rate meaning, the formula, its link with the bank rate and reverse repo rate, current rates, and its significance for aspirants.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Repo_Rate\"><\/span>What is Repo Rate?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Repo Rate (Repurchase Rate) is the rate at which the Reserve Bank of India (RBI) lends short-term funds to commercial banks against approved securities like government bonds. It is a key monetary policy instrument used to regulate liquidity in the banking system and control inflation. When inflation is high, RBI increases the repo rate to reduce money supply; when growth needs to be supported, RBI lowers it to encourage borrowing.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button aligncenter\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.oliveboard.in\/courses\/\" target=\"_blank\" rel=\"noreferrer noopener\">Looking for expert guidance to prepare for bank exams? click here<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Repo_Rate_Formula\"><\/span>What is the Repo Rate Formula?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>While there is no complex mathematical formula, the repo transaction can be understood with the formula below. This formula helps in calculating the effective annualized interest on repo transactions.<\/p>\n\n\n\n<p><strong>Repo Rate = (Repurchase Price \u2013 Original Price) \/ Original Price \u00d7 (365 \/ Number of Days) \u00d7 100<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Bank_Rate\"><\/span>What is Bank Rate?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Bank Rate is the rate at which the RBI lends money to commercial banks without demanding collateral or repurchase agreements. It is generally used for long-term lending compared to the repo rate, which deals with short-term needs. The bank rate is usually higher than the Repo Rate and is also used for calculating penalties on defaults in maintaining statutory ratios like CRR and SLR.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button aligncenter\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.oliveboard.in\/test-series\/\" target=\"_blank\" rel=\"noreferrer noopener\">Planning to prepare for bank exams? take a free mock test now to test exam level<\/a><\/div>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Difference Between Bank Rate and Repo Rate<\/h3>\n\n\n\n<p>Both Bank Rate and Repo Rate are policy tools, but they differ in nature and usage:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Feature<\/strong><\/td><td><strong>Bank Rate<\/strong><\/td><td><strong>Repo Rate<\/strong><\/td><\/tr><tr><td>Collateral<\/td><td>No collateral required<\/td><td>Requires securities as collateral<\/td><\/tr><tr><td>Tenure<\/td><td>Long-term lending<\/td><td>Short-term lending (typically overnight)<\/td><\/tr><tr><td>Usage<\/td><td>Controls long-term liquidity<\/td><td>Controls short-term liquidity<\/td><\/tr><tr><td>Rate Level<\/td><td>Higher than Repo Rate<\/td><td>Lower than Bank Rate<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button aligncenter\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.oliveboard.in\/blog\/cibil-score\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read also: What is a CIBIL score?<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Reverse_Repo_Rate\"><\/span>What is Reverse Repo Rate?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The <strong>Reverse Repo Rate<\/strong> is the rate at which RBI borrows money from commercial banks. It is always lower than the Repo Rate and is used to absorb excess liquidity from the banking system. By increasing the reverse repo rate, RBI encourages banks to park more funds with it, thereby reducing the money supply in the economy.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Repo Rate vs Reverse Repo Rate<\/h3>\n\n\n\n<p>The difference between Repo Rate and Reverse Repo Rate is explained below.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Feature<\/strong><\/td><td><strong>Repo Rate<\/strong><\/td><td><strong>Reverse Repo Rate<\/strong><\/td><\/tr><tr><td>Definition<\/td><td>Rate at which RBI lends to banks<\/td><td>Rate at which RBI borrows from banks<\/td><\/tr><tr><td>Collateral<\/td><td>Banks provide securities<\/td><td>RBI accepts funds<\/td><\/tr><tr><td>Purpose<\/td><td>Manage short-term liquidity, control inflation<\/td><td>Absorb excess liquidity<\/td><\/tr><tr><td>Current Status<\/td><td>Higher than Reverse Repo Rate<\/td><td>Lower than Repo Rate<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button aligncenter\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.oliveboard.in\/blog\/cash-reserve-ratio\/\" target=\"_blank\" rel=\"noreferrer noopener\">also read about What is CRR? Why is it important for Banking Aspirants<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Current_Repo_Rate_in_India\"><\/span>Current Repo Rate in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As of August 2025, the Reserve Bank of India (RBI) lowered the Repo Rate by 50 basis points, bringing it down to 5.50% from the previous rate of 6%, as decided in the Monetary Policy Committee (MPC) meeting. <strong>It is important to note that the Repo Rate keeps changing as per RBI policies.<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/08\/SM-August-2025-2.png\" alt=\"current repo rate\" class=\"wp-image-225823\" width=\"279\" height=\"349\"\/><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_Does_the_Repo_Rate_Function\"><\/span>How Does the Repo Rate Function?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Banks borrow funds from RBI at the repo rate by pledging government securities. They later repurchase these securities at a higher price, which includes interest. This mechanism directly impacts banks\u2019 lending rates. A hike in the repo rate increases the cost of borrowing for banks, leading to higher loan EMIs for customers, while a cut reduces lending rates and boosts credit growth.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Repo_Rate_and_Home_Loans\"><\/span>Repo Rate and Home Loans<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Repo rate changes directly affect home loan interest rates. When RBI increases the repo rate, banks pass on the higher cost to customers, resulting in higher EMIs. Similarly, a cut in repo rate reduces loan interest rates, making borrowing cheaper for home buyers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_Is_the_Repo_Rate_Important_for_Banking_Aspirants\"><\/span>Why Is the Repo Rate Important for Banking Aspirants?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>For banking exam aspirants, understanding the repo rate is vital because:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>It is one of the most frequently asked <strong><a href=\"https:\/\/www.oliveboard.in\/blog\/important-banking-abbreviations\/\" target=\"_blank\" rel=\"noreferrer noopener\">Terms in Banking Awareness<\/a><\/strong>.<\/li><li>Questions can be both conceptual (definitions, differences) and current affairs-based (latest repo rate, RBI announcements).<\/li><li>The repo rate affects inflation, liquidity, and loan interest rates. All are important from exam and real-life perspectives.<\/li><li>Aspirants should also understand how the repo rate interacts with other tools like the bank rate, reverse repo rate, CRR, and SLR.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"15_Repo_Rate_Questions_for_Bank_Exam_Aspirants\"><\/span>15 Repo Rate Questions for Bank Exam Aspirants<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Here is a list of questions related to Repo Rate, bank exam aspirants can practice.<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>What is the Repo Rate in banking terminology?<\/li><li>Who decides the Repo Rate in India?<\/li><li>What is the difference between Repo Rate and Reverse Repo Rate?<\/li><li>Is the Repo Rate higher or lower than Bank Rate?<\/li><li>How does an increase in Repo Rate affect inflation?<\/li><li>What is the current Repo Rate in India (2024)?<\/li><li>Which monetary policy committee reviews the Repo Rate?<\/li><li>How does Repo Rate impact home loans?<\/li><li>Why is Repo Rate considered a short-term borrowing tool?<\/li><li>What is the collateral used in Repo Rate transactions?<\/li><li>How does Repo Rate help RBI manage liquidity?<\/li><li>Which section of the RBI Act mentions the Bank Rate?<\/li><li>What is the difference between Overnight Rate and Bank Rate?<\/li><li>How often does RBI revise the Repo Rate?<\/li><li>Why should banking aspirants track Repo Rate announcements?<\/li><\/ol>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button aligncenter\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.oliveboard.in\/blog\/casa-ratio\/\" target=\"_blank\" rel=\"noreferrer noopener\">Also Check: What is CASA Ratio?<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs_on_Repo_Rate\"><\/span>FAQs on Repo Rate<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1756128487864\"><strong class=\"schema-faq-question\"><strong>1. What is the current Repo Rate in India as of August 2025?<\/strong><\/strong> <p class=\"schema-faq-answer\">The current Repo Rate is 5.50%, after RBI reduced it by 50 basis points from 6% during the MPC meeting on August 6, 2025.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1756128506832\"><strong class=\"schema-faq-question\"><strong>2. How does an increase in Repo Rate control inflation?<\/strong><\/strong> <p class=\"schema-faq-answer\">Raising the Repo Rate makes borrowing costlier, reducing money supply and spending, which helps control inflation.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1756128520749\"><strong class=\"schema-faq-question\"><strong>3. How is the Repo Rate linked with Reverse Repo Rate?<\/strong><\/strong> <p class=\"schema-faq-answer\">Repo Rate is the rate at which RBI lends to banks, while Reverse Repo Rate is the rate at which RBI borrows from banks. Repo Rate is always higher than Reverse Repo Rate.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1756128533248\"><strong class=\"schema-faq-question\"><strong>4. How do Repo Rate changes affect loan interest rates?<\/strong><\/strong> <p class=\"schema-faq-answer\">A hike in Repo Rate increases banks&#8217; lending rates, resulting in higher EMIs for borrowers, while a cut decreases EMIs.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1756128547032\"><strong class=\"schema-faq-question\"><strong>5. Why is knowledge of the latest Repo Rate important for banking exams?<\/strong><\/strong> <p class=\"schema-faq-answer\">Because questions about current rates, MPC decisions, and their impact on the economy frequently appear in Banking Awareness sections of exams like IBPS, SBI, RBI, and NABARD.<\/p> <\/div> <\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/up-cooperative-bank-notification\/\">UP Cooperative Bank Recruitment 2026, Application Ends Soon<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/rbi-assistant-exam-analysis\/\">RBI Assistant Prelims Exam Analysis 2026, 11th and 13th April Review<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/quant-practice-questions-for-bank-exams\/\">Quant Practice Questions for Bank Exams, FREE PDF and Live Quiz<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/idbi-jam-exam-analysis\/\">IDBI JAM Exam Analysis 2026, 12th April Shift 1 Exam Review<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/nabard-development-assistant-exam-analysis\/\">NABARD DA Mains Exam Analysis 2026, 12th April Review<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/up-cooperative-bank-salary\/\">UP Cooperative Bank Salary 2026, Bank Wise Pay Scale<\/a><\/li>\n<\/ul>\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n","protected":false},"excerpt":{"rendered":"<p>Understanding the Repo Rate is crucial for banking exam aspirants preparing for IBPS, SBI, RBI, SEBI, NABARD, and other competitive<\/p>\n","protected":false},"author":60,"featured_media":229440,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,31],"tags":[12700,17858],"class_list":["post-225822","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","category-bank-exams","tag-repo-rate","tag-repo-rate-2","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Repo Rate Meaning, Formula, How It Works and Current Repo Rate<\/title>\n<meta name=\"description\" content=\"Check the repo rate meaning, formula, how it works, the impact on loans, the current rate in India and importance for banking exams.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Repo Rate Meaning, Formula, How It Works and Current Repo Rate\" \/>\n<meta property=\"og:description\" content=\"Understanding the Repo Rate is crucial for banking exam aspirants preparing for IBPS, SBI, RBI, SEBI, NABARD, and other competitive exams. The repo rate\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/\" \/>\n<meta property=\"og:site_name\" content=\"Oliveboard\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Oliveboard\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-26T05:28:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-26T05:28:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/08\/repo-rate.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"730\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Tripti Mishra\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Oliveboard\" \/>\n<meta name=\"twitter:site\" content=\"@Oliveboard\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tripti Mishra\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/\"},\"author\":{\"name\":\"Tripti Mishra\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/d85e63b0781e1a55771b9894184814a5\"},\"headline\":\"Repo Rate Meaning, Formula, How It Works and Current Repo Rate\",\"datePublished\":\"2025-09-26T05:28:29+00:00\",\"dateModified\":\"2025-09-26T05:28:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/\"},\"wordCount\":1085,\"publisher\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/08\/repo-rate.webp\",\"keywords\":[\"Repo Rate\",\"repo-rate\"],\"articleSection\":[\"Articles\",\"Bank Exams\"],\"inLanguage\":\"en-US\"},{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/\",\"name\":\"Repo Rate Meaning, Formula, How It Works and Current Repo Rate\",\"isPartOf\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/08\/repo-rate.webp\",\"datePublished\":\"2025-09-26T05:28:29+00:00\",\"dateModified\":\"2025-09-26T05:28:36+00:00\",\"description\":\"Check the repo rate meaning, formula, how it works, the impact on loans, the current rate in India and importance for banking exams.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#breadcrumb\"},\"mainEntity\":[{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#faq-question-1756128487864\"},{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#faq-question-1756128506832\"},{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#faq-question-1756128520749\"},{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#faq-question-1756128533248\"},{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#faq-question-1756128547032\"}],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#primaryimage\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/08\/repo-rate.webp\",\"contentUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/08\/repo-rate.webp\",\"width\":730,\"height\":480,\"caption\":\"repo-rate\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.oliveboard.in\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bank Exams\",\"item\":\"https:\/\/www.oliveboard.in\/blog\/category\/bank-exams\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Repo Rate Meaning, Formula, How It Works and Current Repo Rate\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#website\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/\",\"name\":\"Oliveboard\",\"description\":\"Free Govt. 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What is the current Repo Rate in India as of August 2025?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current Repo Rate is 5.50%, after RBI reduced it by 50 basis points from 6% during the MPC meeting on August 6, 2025.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#faq-question-1756128506832\",\"position\":2,\"url\":\"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#faq-question-1756128506832\",\"name\":\"2. 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How is the Repo Rate linked with Reverse Repo Rate?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Repo Rate is the rate at which RBI lends to banks, while Reverse Repo Rate is the rate at which RBI borrows from banks. Repo Rate is always higher than Reverse Repo Rate.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#faq-question-1756128533248","position":4,"url":"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#faq-question-1756128533248","name":"4. How do Repo Rate changes affect loan interest rates?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"A hike in Repo Rate increases banks' lending rates, resulting in higher EMIs for borrowers, while a cut decreases EMIs.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#faq-question-1756128547032","position":5,"url":"https:\/\/www.oliveboard.in\/blog\/repo-rate\/#faq-question-1756128547032","name":"5. Why is knowledge of the latest Repo Rate important for banking exams?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Because questions about current rates, MPC decisions, and their impact on the economy frequently appear in Banking Awareness sections of exams like IBPS, SBI, RBI, and NABARD.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/posts\/225822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/users\/60"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/comments?post=225822"}],"version-history":[{"count":4,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/posts\/225822\/revisions"}],"predecessor-version":[{"id":226275,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/posts\/225822\/revisions\/226275"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/media\/229440"}],"wp:attachment":[{"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/media?parent=225822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/categories?post=225822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/tags?post=225822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}