Interested to Buy Any Domain ? << Click Here >> for more details...
what is slr, crr, bank rate, repo rate, reverse repo rate?
- 2 Answers
- 11916 Views
- State Bank Of India SBI, I also Faced
- E-Mail Answers
Answer Posted / karthika ayyappan
SLR: SLR is Statutory liquidity ratio. It is a part of
deposits that commercial banks are supposed to maintain with
themselves in liquid form ( Cash, Gold or Govt bonds).
(Current SLR: 25%)
CRR: CRR is Cash Reserve Ratio. It is a percentage of Bank
deposits that Commercial banks are supposed to maintain in
cash form with RBI. It is the monetary control tool to
regulate the money supply of the country.
(Current CRR: 6.00%)
Bank rate:Bank rate is the rate of interest which RBI
charges on the loans and advances that it extends to
commercial banks and other financial institutions.
(Current Bank rate : 6 %)
Repo Rate: Repo rate is the discount rate at which RBI
repurchases govt securities from the commercial banks,
depending on the level of money supply it decides to
maintain in the country's monetary system.
(Current Repo rate: 5.25%)
Reverse Repo rate: Reverse Repo rate is the rate at which
RBI borrows money from banks. Banks are always happy to lend
money to RBI since their money are in safe hands with a good
interest.
(Current Reverse Repo rate: 3.75%)
| Is This Answer Correct ? | 23 Yes | 9 No |
Post New Answer View All Answers
Plz guys share the interview questions of BOB clerk........ Thanks in advance......
pass rule of 6th P.c
WHY BANKING SECTOR IS CALLED FINANCIAL SECTOR?
sir plz send me previous 5 years questions papers of bank of india clerical on my emailid->bpraichur@gmail.com
HI, SBI Results declared on 29th sep at 12 night, you can check it in yeswecan.co.in web site left scrolling, Results are not kept in SBI site on 29th.
when will be union bank result annouced?which exam held on 4 april 2010.sir please send it on my id no. that is rinku_del246@rediffmail.com.
why banking field is better than other field in government sector................reply fast
why do u want to join sbi
how many associates bank of sbi and subsidiaries bank of sbi? what are those ?this is important for interview......they ask me this question
what quality should clerk posses?
Hi dis is sriguru n i had cleared obc clerical 2010 .wt should i wan 2 prepare for interview? wt r the definations of repo,reverse repo, crr,slr,monetary policy n other banking terms
hi I have done Btech..currently working in IT ..is clerical job or MNC job is better to do ....
hi frns, my ques are 1) what is master budget? 2) what is capitalization?
Hi! i am selected 4 the interview after passing the written exam.I am pursuing a BCA degree course and have only one semester left.What should I do?Should i join the job?And please tell what will be the salary for intermediates?
Hi Garima, I just wanted to ask, how to prepare for get selected in clerical exam, however i have apeared in many exams but never succeeded, how much % required to qualify the exam , or come in merit.
