Current Policy Rates & Reserve Ratios CRR, SLR – Reserve Bank of India- Meaning and effect on Deposit and Loans Interest Rates
RBI Policy Rates Policy Repo Rate 5.50% Standing Deposit Facility Rate 5.25% Marginal Standing Facility Rate 5.75% Bank Rate 5.75% Fixed Reverse Repo Rate 3.35% RBI Reserve Ratios : CRR : 4.00% SLR : 18.00% Source : https://www.rbi.org.in/ 🟩 Introduction : Have you ever wondered, why your loan EMIs go up suddenly or why banks change […]