Banking News

Latest Repo rate and Reverse Repo rate

Latest Repo rate and Reverse Repo rate


The Monetary Policy Committee (MPC) Reserve Bank of India in its first Bi-monthly Monetary Policy Statement, 2017-18 Resolution announced on April 6, 2017, decided to keep the policy repo rate under LAF unchanged at 6.25 per cent. The reverse repo rate under the LAF is at 6.0 percent, and the marginal standing facility (MSF) rate and the Bank Rate are at 6.50 percent.

CRR (Cash Reserve Ratio)   4.00%
SLR  (Statutory Liquidity Ratio) 20.50%
Repo Rate   6.25%
Reverse Repo Rate   6.00%
MSF Rate (Marginal Standing Facility Rate)   6.50%
Bank Rate   6.50%
 

Click below for related articles

 

Click below for related articles

(i)Do you know that Repo auction framework is different from Repo rate? (ii) What is a bank rate? (iii) what is Marginal Standing Facility, (iv) CRR and SLR: How they affect on bank credits.(v) Effects of Repo rate, Reverse repo rate changes

 

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