Answer Posted / akanshita

thanx shruti 4 ur advice.........

actually v r so tensed dat v never thought to think ova d
general questions on bank dat u posted ...........
nd ur idea to discuss 1 topic daily will b quiet helpfull
to us........
and i completly agree wid shruti ....dat dey will observe
our confidence level ,our gesture,and how do we react in
any situation..(most dificult 1)....

if v dont know d ans we shuld say "no" confidently rather
den taking dem on som oder track.....

alrighty!!!!!!!


sm of my ans dat i m sharing wid u all r:-

crr-cash reserve ratio is d percentage of bank reserve to
deposits $ notes. it is also known as cash assets ratio or
liquidity ratio....

repo rate- it is d rate at which our bank borrows fund frm
RBI. a reduction in rr will help d bank to get money at
cheeper rates.
.......
wats d current repo rate nd crr......?????
actually d information i hav abou rr and crr are:-

repo rate on 11 june08 was 8.0 it got increased to 8.5 on
june 25

crr on 5 july 08 was 8.5 nad it will get 8.75 on 19 july 08

for d above information (rr nd crr) i m fully sure....i
just want to confirm dat dey r same still...........


sm oder questns dai i hav r.....
1.owner of sbi nd wid wat % of shares?

2.wen was sbi established?
ans:- 1921 wid 3 bank dey r bombay,bengal and madras

3.which bank got submerged in sbi recently?
4.what is cbs(core banking system)?
and quests posted by shruti.....

we shuld also discuss current issues related to bank lyk
fake currency(4 crores) found in domariyaganj (kanpur side)
and recently in u.p areas in obc bank (about rs 1.62)
.....if dere r more issues we shuld discuss dem ova
here..........

all d best to every1.......

take care!!!!!!!!
cyaaaaaa!!!!!!!!

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