In its first bimonthly monitory policy statement for 2015-16, RBI today (07/04/2015) said that on the basis of an assessment of current and evolving macro-economic situation, it has been decided to continue the following rates unchanged. CRR………………………………………. 4.00% SLR………………………………………..21.50% Repo Rate……………………………. 7.50% Reverse Repo Rate………………. 6.50% Marginal Standing Facility Rate …
RBI slashes SLR by 50 bps to 21.50 per cent with effect from February 7, 2015. All other rates remain unchanged. Export Credit refinance (ECR) is replaced with provision of system level liquidity with effect from February 7, 2015. CRR……………………………4% SLR…………………………….21.50% Repo Rate…………………7.75% Reverse Repo Rate……6.75% Marginal Standing Facility Rate….8.75% Bank Rate…………………………………..8.75% Call Rates……………………………………6.40 to8.40%…
RBI communiqué on RATE CUT RBI slashes repo rate by 25 bps to 7.75 per cent with immediate effect Reverse Repo @6.75% No change in CRR or SLR Key Rates (effective from 15/1/2015) CRR……………………………4% SLR…………………………….22% Repo Rate…………………7.75% Reverse Repo Rate……6.75% Marginal Standing Facility Rate….8.75% Bank Rate…………………………………..8.75% Call Rates……………………………………6.40 to8.40% Reasons quoted by RBI for rate…