hi..all..1st congrts to who cleared the sbi exam..
i hav a doubt about reporate,crr,slr,bank rate...
if anyone know plz share ur ansrs with us..
All the best to all...
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Answer / Sharad Gautam
Reporate refers to the Receipt Report or Cash Receipt Register which is used to record cash transactions. CRR (Cash Reserve Ratio) is the ratio of the amount of cash reserves that a commercial bank must hold relative to its total deposits. SLR (Statutory Liquid Asset Ratio) is the proportion of a bank's net demand and time liabilities that it must hold in the form of certain specified assets, such as cash, government securities, etc. Bank rate refers to the interest rate at which banks can borrow funds from the central bank. These terms are essential for understanding banking operations and financial management.
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