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The current Repo Rate is 6.5% and that of Reverse Repo Rate is 5.5%. While the Bank Rate is 6.00% ..

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Q: What is the current repo rate and reverse repo rate in india?
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Is there a soundtrack from the movie Repo Men?

Yes , there is a soundtrack ~ see related link below .


Can someone get arrested if caught driving a car if they are three months behind on payments and the bank is looking for it?

The only way someone can be arrested for driving a car when the bank wants to repo it is if it is reported stolen. The bank must report repo action to police or court before this can call stolen. Most bank will report to police or court for repo action. This will let police know that it not stolen by repo. Most bank do not want to report to police or court. It involame alot of money (impound cost by police, towing fee with police, court cost, filing fee, court fee, etc). Bank hire repro is cheaper then report to police or court. I am not sure what the complication would be if you were trying to register it again after a couple of years though. But from my experience, do not park the vehicle anywhere near your house where iti can be seen. Repomen are always on the hunt, and if they see your car at anytime, then they are goign to be quick to try and get it.


If you live in Georgia can they repossess your car if you were less than 30 days late?

YES, anytime you are in DEFAULT, the lender can repo. Tote-a -note lots are famous for 3 days late repos.


If your car has been repossessed is any way to get your personal belongings from it or should you consider them gone too?

NO, you PP should be returned. Call the LENDER and tell them you need to get your PP from the car. they should put you in touch with the repo co. so you can do so.


Can you renew tags registration for a vehicle that has a lien on it?

If you are currently making payments on the car yes you can.If you have defaulted and it is slated for repo then your wasting money because they will find it and take it.Now if you owe a repair bill,as long as you are paying the bill and can prove that then its not a problem.

Related questions

What is the current repo rate and reverse repo rate and bank rate by RBI in India?

As of October 12, 2010, according to the Reserve Bank of India... repo rate 6.00% reverse repo rate 5.00% overnight call money 6.24%


How many differences between repo rate and reverse repo rate?

Assuming the State Bank of India, the spread between repo rate and reverse repo rate has trended towards 1.00%.


Current reverse repo rate?

8.5%


What is the repo rate and reverse repo rate from aug 2011?

repo rate is 8%. reverse repo rate is 7%


What is the present repo rate and reverse repo rate of RBI?

Repo rate is 7.25 reverse Repo is 6.25


What is CRR rate by RBI of India?

the Repo rate, Reserve repo rate and CRR as of 03 January 2009 are as follows: Repo Rate: 5.6% CRR: 5% Reverse Repo rate: 4.1% Source: RBI


What is repo rate and reverse repo rate?

When banks have any shortage of funds, they can borrow it from Reserve Bank of India or from other banks. The rate at which the RBI lends money to commercial banks is called repo rate. The Reserve Bank parks its money with other banks at the reverse repo rate.


Repo rate and reverse repo rate?

When banks have any shortage of funds, they can borrow it from Reserve Bank of India or from other banks. The rate at which the RBI lends money to commercial banks is called repo rate. The Reserve Bank parks its money with other banks at the reverse repo rate.


What is the reverse repo rate?

When banks have any shortage of funds, they can borrow it from Reserve Bank of India or from other banks. The rate at which the RBI lends money to commercial banks is called repo rate. The Reserve Bank parks its money with other banks at the reverse repo rate.


What is a reverse repo rate?

When banks have any shortage of funds, they can borrow it from Reserve Bank of India or from other banks. The rate at which the RBI lends money to commercial banks is called repo rate. The Reserve Bank parks its money with other banks at the reverse repo rate.


Reverse repo rate means?

When banks have any shortage of funds, they can borrow it from Reserve Bank of India or from other banks. The rate at which the RBI lends money to commercial banks is called repo rate. The Reserve Bank parks its money with other banks at the reverse repo rate.


What do you mean of reverse repo rate?

When banks have any shortage of funds, they can borrow it from Reserve Bank of India or from other banks. The rate at which the RBI lends money to commercial banks is called repo rate. The Reserve Bank parks its money with other banks at the reverse repo rate.