Frndz plz help me What is bank rate CRR SLR Repo Rate Reserve Repo Rate
Ohh its goodd deepak
Follow AllBankingSolutions @ Latest Important Banking Sector Data - 2014Ads by GooglebyRajesh Goyal Bank Rate9.00% (w.e.f. 28/01/2014)Increased from 8.75% which was continuing since 29/10/2013 [Remember Bank Rate is not the same thing as Deposit Rates offered by banks for fixed deposits and recurring deposits. If you are a non banker and have landed on this page while looking at Deposit Rates, please click here to go to correct page i.e.Best Deposit Rates offered by banks for fixed deposits] Cash Reserve Ratio (CRR)4.00% (wef 09/02/2013) -announced on 29/01/2013Decreased from 4.25%which was continuing since 30/10/2012 Statutory Liquidity Ratio (SLR)23%(w.e.f. 11/08/2012) (announced on 31/07/2012)Decreased from 24% which was continuing since 18/12/2010 Ads by GoogleRepo Rate under LAF8.00% (w.e.f.28/01/2014)Increased from 7.75% which was continuing since 29/10/2013 Reverse Repo Rate under LAF *7.00% (w.e.f.28/01/2014)Increased from 6.75% which was continuing since 29/10/2013
Frnd this typr of ans repo rate is 6.75
Reserve repo rate??????
I think repo rate