dear sir rbi current rapo and rev. rapo augst 2012 tell me
The Reserve Bank of India (RBI) decides the base rate of banks in India. All banks that operate within the borders of the indian nation, have to abide by the base rates. The RBI sets these rates in accordance to the economic policies of the country.
the current CRR declare by RBI is 6%.2011
All financial factors are related to one another. If one factor is changed, all other percentages automatically get affected. If the home loan interest rate is lowered by 2-3% per annum, it indicates that inflation has increased. So to control the situation RBI will increase the repo rate (the rate at which banks borrow money from RBI). This in turn, will force the banks to reduce the interest rate of fixed deposit.
through this rbi controls inflation and deflation.
The CRR rate is 3% to 15% fixed by RBI.
dear sir rbi current rapo and rev. rapo augst 2012 tell me
The Reserve Bank of India (RBI) decides the base rate of banks in India. All banks that operate within the borders of the indian nation, have to abide by the base rates. The RBI sets these rates in accordance to the economic policies of the country.
Presently, the SLR is 25% with effect from 7 November, 2009. It was raised from 24% in the RBI policy review on 27 October, 20109.
what is the current RBI price on coal what is the current RBI price on coal
the current CRR declare by RBI is 6%.2011
All financial factors are related to one another. If one factor is changed, all other percentages automatically get affected. If the home loan interest rate is lowered by 2-3% per annum, it indicates that inflation has increased. So to control the situation RBI will increase the repo rate (the rate at which banks borrow money from RBI). This in turn, will force the banks to reduce the interest rate of fixed deposit.
through this rbi controls inflation and deflation.
Answer :-It is the rate at with Reserve bank of India allows commercial bank to borrow money from the Reserve bank of India as per their eligibility for refinance.
reverse repo rate..
dear sir rbi current rapo and rev. rapo augst 2012 tell me
RBI