Present time what is bank rate,repo rate,reverse repo rate,slr,crr
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When banks have surplus funds but have no lending (or) investment options, they deposit such funds with RBI. Banks earn interest on such funds. Current CRR, SLR, Repo and Reverse Repo Rates: The current rates are (as of June 2018) – CRR is 4 % , SLR is 19.5%, Repo Rate is 6.25% and Reverse Repo Rate is 6%.
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