what is slr, crr, bank rate, repo rate, reverse repo rate?
Answers were Sorted based on User's Feedback
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 |
Answer / ramya
slr-statutory liquidity ratio, crr- cash reserve ratio ,bank
rate
| Is This Answer Correct ? | 13 Yes | 2 No |
hi guys, can any one tell me when r the results of sbi clerical going to come? how many have been called for interview in andhra pradesh? how many centers were there for interview in andhra pradesh? i heard that result will be mainly on our written exam? in my interview , out of 15 questions i answered 11.is it ok..... plz can any one answer me..........
3 Answers State Bank Of India SBI,
When bank of india will declare the interview results ??Any idea..
Why do you want to join Banking Sector?
3 Answers Bank Of India, IBPS, RBI, State Bank Of India SBI,
hi i m selected for bank of baroda clerical cadre(west bengal circal) did any one get offer letter regarding medical or joining or any one know when will be the joining date please inform me at jitendrapd87@gmail.com or call 9007023308.
hello guys,is central bank of india clerical written exam result declared???site homepage and recruitment page is nt working.do anyone have news abt its result declaration??
22 Answers Central Bank of India,
Hi,dis is samhitha from A.p.,I did B.sc,B.Ed.I selected in SBI written test,Bangalore.Anybody suggest me how to preapre for interview,what type of questions asking?plse.......
1 Answers State Bank Of India SBI,
i m having in tervies on 3rd may i wanna ask that 12th character certificate will do or do i need the last lg attended. also plz tell me the justification regarding the fact that i have done mba
3 Answers State Bank Of India SBI,
WHEN WILL THE SBI INTERVIEW RESULTS DECLARED?
77 Answers State Bank Of India SBI,
I have qualified SBI Clerical Exam 2010.Currently Iam pursuing Btech Civil Engineering from College of Technology,Pantnagar,GBPUAT(1st semester).Iam a non graduate should I join SBI Clerical???
role of SBI in indian banking sector?
0 Answers State Bank Of India SBI,
Hi, i have just cleared sbi clerical examination and i need to prepare for the interview. Could anyone of you who have got through the interview tell me some interview tips and also which books to read. And what questions are most likely to be asked.
0 Answers State Bank Of India SBI,
I have been selected for SBP but I have also had interviews in Bank of Baroda and Canara Bank. I am a bit confused whether to join or wait for other results to come out because according to the SBI advertisement selected candidates have to work in shifs if required and also travel if necessary. Can anybody tell me what is the notice period in SBP.