Answer / deepak

Interest Rates paid by a depository institution on the cash on deposit.

Answer / deepak

Interest Rates paid by a depository institution on the cash on deposit.

Policy Rates:

� Bank Rate: 6.00%

� Repo Rate: 8.50%

� Reverse Repo Rate: 7.50%

Reserve Ratios:

� CRR: 5.5%

� SLR: 24.0%

Lending/Deposit Rates:

� Base rate: 10.00 %-10.75%

� Deposit Rate: 8.50% -9.25%.

. Savings Bank rate: 4.0 %.

Note: Rates as on 10-11-2011 & Source: RBI WEBSITE

Hi i m rahul upadhyay doing mba from varanasi with specilization of marketing and finance. plz. define finance and the term 'service marketing'

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