Question

bank rate present me kya hai

Answer 1

Impact of Bank Rate When RBI increases the bank rate, the cost of borrowing for banks rises and this credit volume gets reduced leading to decline in supply of money. Thus, increase in Bank rate reflects tightening of RBI monetary policy.

Answer 2

Banks earn interest on such funds. Current CRR, SLR, Repo and Reverse Repo Rates: The current rates are (as of last week of December 2015) - CRR is 4 % , SLR is 21.50%, Repo Rate is 8% and Reverse Repo Rate is 7%.Jul 4, 2016