0
As per the third quarter review monetary policy on January 29, 2010, RBI hiked the CRR by 75 basis points to 5.75%.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What is the current CRR declared by rbi?
the current CRR declare by RBI is 6%.2011
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 the current CRR and SLR in Bangladesh in 2013?
In 2013, the CRR in Bangladesh was 4%. In the same year, the SLR for Bangladesh was set at 23%.
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
Monetary policy of India?
means latest crr, repo rate,revers repo rate, bank rate ,slr
What is the current CRR and SLR rate for 2011?
The present rate of CRR is 6% and SLR is 24%.Thank you.
What is the current CRR and SLR rate of Bangladesh for 2012?
crr=6% slr=19%
Current repo rate?
current repo rate is 8.5%
What is the current repo rate and reverse repo rate in india?
The current Repo Rate is 6.5% and that of Reverse Repo Rate is 5.5%. While the Bank Rate is 6.00% ..
What is CRR rate by RBI 2010?
The CRR rate is 3% to 15% fixed by RBI.
What is the current CRR declared by rbi?
the current CRR declare by RBI is 6%.2011
Why the central banks are controlling the crr and rapo rate?
CRR - Refers to Cash Reserve Ratio CRR is nothing but the amount of cash the banks need to deposit with the central banks. This is to ensure that the banks do not lend out all the depositors money. This is used by the banks to meet their day to day cash requirements. For example if you deposit $1000 with ABC bank the bank would have to deposit $100 with the central bank (If CRR is 10%) It can lend only the remaining 90% of the money Repo Rate - The Rate of Interest at which the central banks lend money to its member banks is called Repo rate. CRR and Repo rate are two factors that can influence the cash liquidity in the country's economy and also other factors like inflation. The central banks aim is to ensure that there is enough liquidity in the economy to influence the country's growth and at the same time to ensure that the country's inflation is maintained at acceptable limits. If the CRR & Repo rate are increased then the amount of free cash at the bank's disposal comes down. The interest that the banks have to pay the central banks on their borrowings would go up. As a result of which the liquidity in the economy comes down. Lesser loans would be available and the spending power of the public would come down. If the CRR & Repo rate are decreased then the amount of free cash at the banks disposal goes up. Cash is available cheap for the banks. Hence they would lend freely to the public. Recently because of the subprime crisis, the central banks across the world have been cutting down the CRR and the Repo rate. This is to ensure that more money is available for the public to spend. This would in turn help the world economy stabilize after the beating it has taken because of this crisis...
What is the current repo rate of sbi?
8.5
Current reverse repo rate?
8.5%
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%
