Call rate of rbi

Anonymous

∙ 13y ago

It is the interest rate at which banks lends or borrows to other banks for daily requirements or overnights

As of now Call rate(5th July 2012) is 6.75 to 8.30

Wiki User

∙ 13y ago

What else can I help you with?

What is CRR rate by RBI 2010?

The CRR rate is 3% to 15% fixed by RBI.

Why rbi increases or decreases repo rate and reverse repo rate?

through this rbi controls inflation and deflation.

Which of the rate is not determined of RBI?

reverse repo rate..

Who fixes the repo rate?

RBI

Simple definition of Repo Rate?

Repo rate is the rate at which RBI lends money to scheduled banks. Its also called Repurchase rate. Reverse Repo Rate is the rate at which RBI borrows money from banks.

Define repo rate?

REPURCHASE RATE IS ALSO KNOWN AS REPO RATE Whenever the banks have any shortage of funds they can borrow it from RBI. Repo rate is the rate at which our banks borrow rupees from RBI. A reduction in the repo rate will help banks to get money at a cheaper rate. When the repo rate increases borrowing from RBI becomes more expensive.

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

Under liquidity adjustment facility RBI injects funds in the system at what rate?

RBI will inject fund into the economy by using Reverse Repo rate.

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%

Which of the rates is not determined by RBI?

reverse repo rate..

What is the current base rate fixed by RBI?

Why has the Repo rate taken precedence over the bank rate as a short term interest rate?

Repo is like a repurchase agreement.The rate at which RBI sells securities to bank. But, bank rate is the rate by which RBI lends money to commercial banks. Annu Prakash

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