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Latest Important Banking Sector Data - 2013
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[Remember Bank Rate is not the same thing as Deposit Rates offered by banks for fixed deposits and recurring deposits. If you are a non banker and have landed on this page while looking at Deposit Rates, please click here to go to correct page i.e. Best Deposit Rates offered by banks for fixed deposits]
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*Reverse Report rate was an independent rate till 03/05/2011. However, in the monetary policy announced on 03/05/2011, RBI has decided that now onwards the Reverse Repo Rate will not be announced separately, but will be linked to Repo rate and it will always be 100 bps below the Repo rate (till RBI decides to delink the same)
** The concept of Marginal Standing Facility has been announced by RBI wef 03/05/2011 (However implemented wef 09/05/2011). It was decided that Marginal Standing Facility i.e. MSF rate will be linked to Repo rate and it will always be 100 bps above the Repo Rate (till RBI decides to delink the same). What is Marginal Standing Facility or What is MSF?
Wants to Know More About the following:
WHAT IS SLR? WHAT IS CRR? WHAT IS BANK RATE? WHAT IS REPO AND REVERSE REPO
Chronology of Marginal Standing Facility / History of Marginal Standing Facility Chronology of Bank Rate in India / History of Bank Rate Chronology of SLR Rates in India / History of Statutory Liquidity Ratio Rates in India Chronology of CRR Rates in India / History of Cash Reserve Rates in India Chronology of Repo Rates / History of Repo Rates in India Chronology of Reverse Repo Rates in India / History of Reverse Repo Rates in India
You Can Also Use : ==> EMI Calculator ; FD Calculator
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