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Policy Rates

Bank Rate is the rate at which Reserve Bank of India lends money to commercial banks and other financial institutions.

Banks in India are required to keep a certain proportion of their deposits with RBI and it is called Cash Reserve Ratio or CRR.

Repo rate is the rate at which banks borrow rupees from RBI and Reverse Repo rate is the rate at which Reserve Bank of India borrows money from banks.

Every banks in India need to keep a percentage of their total demand and percentage of time liabilities in the form of cash or gold and is called Statutory Liquidity Ratio (SLR).

Current Repo rate, bank rate, reverse repo rate, CRR and SLR details are available at Reserve Bank of India website.

Web : http://www.rbi.org.in/


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