Monday, April 4, 2016

Value of Key Indicators (5th April)

Date in bracket indicates the date of change.


Indicator                             Current Rate
Bank Rate                      7.75 % (29th Sept 2015)
CRR                               4 % (9th Feb 2013)
SLR                                21.5 % (3rd Feb 2015)
Repo Rate                       6.50 % (5th April 2016)

Reverse Repo Rate         6.00 % (5th April 2016)

RBI Announcement - 5th April 2016

RBI cut the repo lending rate by 25 basis points to 6.5 per cent. 

Reverse Repo now 50 BPS below Repo Rate.