8.5
current repo rate is 8.5%
The current Repo Rate is 6.5% and that of Reverse Repo Rate is 5.5%. While the Bank Rate is 6.00% ..
14.75%
8.5%
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%
repo rate is 8%. reverse repo rate is 7%
Repo rate is 7.25 reverse Repo is 6.25
That would depend on the damand for the specific bond
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. The rate charged by RBI for its Repo operations is 5.75% and Reverse Repo rate is 3.25%. When RBI lends money to bankers against approved securities for meeting their day to day requirements or to fill short term gap.It takes approved securities as securityand lends money.These types of operations are generally for overnight operations. ======================== Updating today-27th of March 2010-for ur SBI clerk interview. ------------------------------------------------------------------------------ The Reserve Bank of India (RBI) has hiked the repo and reverse repo rate by 25 basis points (100 bps=1%). The new repo and reverse repo rate is 5% and 3.5%, respectively. The hike comes into effect immediately.
what is reserve repo rate
Assuming the State Bank of India, the spread between repo rate and reverse repo rate has trended towards 1.00%.
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