Policy Rates:
- Bank Rate: 9.50%
- Repo Rate: 8.50%
- Reverse Repo Rate: 7.50%
- Marginal Standing Facility Ratio: 9.50%
Reserve Ratios:
- Cash Reserve Ratio: 4.75%
- Statutory Liquidity Ratio: 24.00%
Wednesday, February 15, 2012
Important rates fixed by RBI
RBI raises Bank Rate as a Technical Adjustment
The Reserve Bank of India has decided to realign bank rate with Marginal Standing Facility(MSF) rate, which in turn is linked to the policy repo rate under the Liquidity Adjustment Facility (LAF). Which means bank rate will be 9.5% from now.
Terms of the day
- IPO :INITIAL PUBLIC OFFER
- MoU : MEMORANDA OF UNDERSTANDING
- WPI : WHOLESALE PRICE INDEX
- EFSF : EUROPEAN FINANCIAL STABILITY FUND
- MSF : MARGINAL STANDING FACILITY
- CRR : CASH RESERVE RATIO
- SLR : STATUTORY LIQUIDITY RATIO
- LAF : LIQUIDITY ADJUSTMENT FACILITY
Subscribe to:
Posts (Atom)
Worth reading
-
Romantic Honeymoon hill stations... - For most of us Honeymoon is the most cherished trip of our life, so we choose our destinations carefully. We are presenting you a list of best honeymoon h...