Bank Rates
28
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 1/28 Home About Write For Us » Archives List of Articles Request An Article Contact Us Knowledge Hub Creating Awareness Banking and Finance » Hoax & Scams » Interesting Facts » Useful Information Inspirational » Tech » Editorial You are here: Home > Banking and Finance > Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates by Anshul on March 24, 2010 in Banking and Finance 113 Comments Jobs in Railway Find 1000's of Jobs in your City. Connect with Employers. Apply Now! Quikr.com/Railway-Jobs 57 5 4
-
Upload
unnat-churi -
Category
Documents
-
view
10 -
download
4
description
Describes bank rates
Transcript of Bank Rates
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 1/28
Home
About
Write For Us »
Archives
List of Articles
Request An Article
Contact Us
Knowledge HubCreating Awareness
Banking and Finance »
Hoax & Scams »
Interesting Facts »
Useful Information
Inspirational »
Tech »
Editorial
You are here: Home > Banking and Finance > Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates
Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates
by Anshul
on March 24, 2010
in Banking and Finance
113 Comments
Jobs in RailwayFind 1000's of Jobs in your City. Connect with Employers. Apply Now!
Quikr.com/Railway-Jobs
57 5 4
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 2/28
How many of you read
the news last week “RBI
increases Repo and
Reverse Repo rate by 25
bps” ? For most of us
these words do not make
sense, and we move on
to next news item. Little
do we realize that we are
affected by these rates and a basic knowledge about it is a
must. So let’s first understand what these banking terms
means, and then we’ll see how these rates affect a layman.
Image Credits UPDATE: The present rates (as of 10th April
2010) are: CRR- 5.75% SLR- 25% Bank Rate- 6% Repo Rate-
5% Reverse Repo Rate- 3.5% UPDATE 2: The present rates
(as of 20th April 2010) are: CRR- 6.00% SLR- 25% Bank Rate-
6% Repo Rate- 5.25% Reverse Repo Rate- 3.75% For latest
rates check here.
bps
It is an acronym for basis point and is used to indicate changes
in rate of interest and other financial instruments. 1 basis point
is equal to 0.01%. So when we say that repo rate has been
ICICI Bank Official Site
www.icicibank.com
Get Wide Range Of Banking Services &Experience Banking At Its Best!
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 3/28
increased by 25 bps, it means that the rate has been increased
by 0.25%.
Repo Rate and Bank Rate
People often get confused between these two terms. Though
they appear similar there is a basic difference between them.
Repo rate or repurchase rate is the rate at which banks borrow
money from the central bank (read RBI for India) for short
period by selling their securities (financial assets) to the central
bank with an agreement to repurchase it at a future date at
predetermined price. It is similar to borrowing money from a
money-lender by selling him something, and later buying it back
at a pre-fixed price. Bank rate is the rate at which banks borrow
money from the central bank without any sale of securities. It is
generally for a longer period of time. This is similar to borrowing
money from someone and paying interest on that amount. Both
these rates are determined by the central bank of the country
based on the demand and supply of money in the economy.
Reverse Repo Rate
Reverse repo rate is the rate of interest at which the central
bank borrows funds from other banks for a short duration. The
banks deposit their short term excess funds with the central
bank and earn interest on it. Reverse Repo Rate is used by the
central bank to absorb liquidity from the economy. When it feels
that there is too much money floating in the market, it increases
the reverse repo rate, meaning that the central bank will pay a
higher rate of interest to the banks for depositing money with it.
CRR (Cash Reserve Ratio)
Banks are required to maintain a percentage of their deposits
as cash, meaning that if you deposit Rs. 100/- in your bank,
then bank can’t use the entire Rs. 100/- for lending or
investment purpose. They have to maintain a portion of the
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 4/28
deposit as cash and can use only the remaining amount for
lending/investment. This minimum percentage which is
determined by the central bank is known as Cash Reserve
Ratio. So if CRR is 6% then it means for every Rs. 100/-
deposited in bank, it has to maintain a minimum of Rs. 6/- as
cash. However banks do not keep this cash with them, but are
required to deposit it with the central bank, so that it can help
them with cash at the time of need.
SLR (Statutory Liquidity Ratio)
Apart from keeping a portion of deposits with the RBI as cash,
banks are also required to maintain a minimum percentage of
deposits with them at the end of every business day, in the form
of gold, cash, government bonds or other approved securities.
This minimum percentage is called Statutory Liquidity Ratio.
Example If you deposit Rs. 100/- in bank, CRR being 6% and
SLR being 8%, then bank can use 100-6-8= Rs. 84/- 86/- for
giving loan or for investment purpose.
How it effects us
Having understood the meaning of these banking terms, let us
now see how we are affected by increase/decrease of these
rates. The central bank uses these rates to control inflation. All
About Inflation Inflation and Types of Inflation Banks earn profit
by borrowing at a lower rate of interest from the central bank,
and lending the same amount at a higher rate to the customers.
If the repo rate or the bank rate is increased, bank has to pay
more interest to the central bank. So in order to make profit,
banks in turn increase their interest rate at which they take
deposit from the customer and lend money to the customer. So
the demand for loan decreases, and people start putting more
and more money in bank accounts to earn higher rate of
interest. This helps in controlling inflation. An increase in
Reverse repo rate causes the banks to transfer more funds to
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 5/28
the central bank, because banks earn attractive interest rates
and also their money is in safe hands. This results in the money
being drawn out of the banking system, thus banks are left with
lesser funds. Thus, by lowering repo rate, central bank injects
liquidity in the banking system and by increasing reverse repo
rate it absorbs liquidity from the banking system. Increase in
SLR and CRR rate means that banks will have less power to
give loans (see our example above), which again controls
amount of money floating in the market; thereby controlling
inflation. It also makes banks safer to keep money because
banks will have a higher liquidity to meet the demand of
customers. As we learnt from the recession, giving loans
expose banks to great risks. So if banks have lesser funds to
give as loan, they become relatively safer.
Conclusion
Thus we conclude that the central bank of a country uses these
rates to fight inflation and to keep a check on economy. I’m
sure you’ll also want to know the meaning of numbers written on
debit and credit cards and also the meaning of numbers written
at the bottom of a cheque – two of the most read articles on
Knowledge Hub. If you have something to add, or have some
questions, feel free to use the comment form below. Follow
KnowledgeHub on twitter @knwhub to receive latest tweets.
Follow me on twitter @anshuldixit.
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 6/28
About
Anshul
Anshul Dixit is the founder of Knowledge Hub. View all posts by
Anshul →
Subscribe To Knowledge Hub
Subscribe to Knowledge Hub to receive updates.
E-mail Submit
Related Posts:
Tactile Paving For Visually Impaired
Solved Paper of CAT 2003- Part I
Career in Photography
Why Invest in Stock Market?
Answers To “Win Flipkart Coupons” Quiz
57 5 4
Follow 267
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 7/28
← Why Australia and New Zealand Have Union Jack On Their
Flag
Why Obama used 22 pens for a single signature? →
Search
Search
Subscribe To Knowledge
Hub
Subscribe to Knowledge Hub to
receive updates.
Submit
Knowledge Hub Fan Club
Knowledge Hub
Like
28,133 people like Knowledge Hub.
Facebook social plugin
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 8/28
Recommendations
Sign Up Create an account or Log In to see what
your friends recommend.
Tactile Paving For Visually Impaired -
Knowledge Hub
94 people recommend this.
How Is Sensex Calculated?
2 people recommend this.
Facebook Promoted Posts For Users -
Knowledge Hub
39 people recommend this.
Reverse ATM PIN- Hoax or Truth?
88 people recommend this.
My Stamp- Get Your Personalized Postage
Stamp
3 people recommend this.
Facebook social plugin
113 Responses to “Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates”
1.
Vinayak
March 24, 2010 at 2:44 pm #
awesome
its very good
keep blogging dude
Reply
swetha
July 11, 2012 at 8:47 pm #
Nice info…. i completely understood d meaning
Can i get some info on the changes in the monetary policy from the last year?
Reply
Nilanjan Majumder
September 22, 2012 at 8:09 pm #
You have done excellent job to make us understand all the stuffs.
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 9/28
It will be helpful for my coming banking exam.
Thanks a ton.
Reply
2.
VeeKay
March 24, 2010 at 7:22 pm #
Nice work man..informative post..good work..:)
Reply
3.
Pooja Menon
March 29, 2010 at 1:02 pm #
That's simply some great work that you've done. Being a management student who's specialized in
finance I understand how important it is to know this!
Reply
4.
abhi
April 3, 2010 at 2:27 am #
really very helpful to know the basic terminologies
thanks a lot
Reply
5.
Anshul
April 3, 2010 at 2:55 am #
@Vinayak: Thanks buddy.. and thanks for being a regular visitor
@ Vamsi: Glad you found it useful. Hope to see you here often
@ Abhi: The pleasure is all mine
Reply
6.
Anshul
April 3, 2010 at 3:01 am #
@ Pooja
You are right Pooja. It is really important to have some knowledge of these terms, as directly or
undirectly they affect us.
Thanks for your valuable comments.
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 10/28
Reply
7.
Anonymous
April 6, 2010 at 8:23 pm #
can u tell what are the current rev repo rate,repo rate,bank rate etc?
Reply
Gaurav Arya
February 15, 2012 at 12:22 am #
feb 14, 2012 at12:21 Am #
@ Above…
Present rates are:
CRR: 5.50%
SLR: 24%
Bank Rate: 9.50%
Repo Rate:8.50%
Reverse Repo Rate: 7.50%
I
Hope that helps you.
Reply
uma
April 3, 2012 at 12:27 pm #
CRR- 4.75%
SLR – 24%
Reply
8.
Anshul
April 6, 2010 at 9:31 pm #
@ Above…
Present rates are:
CRR: 5.75%
SLR: 25%
Bank Rate: 6%
Repo Rate: 5%
Reverse Repo Rate: 3.5%
Hope that helps you.
Reply
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 11/28
9.
Repspace.com
April 13, 2010 at 4:30 am #
it is nice rate for us to plan the future according our financial capability. thanks
Reply
10.
Rathka
April 27, 2010 at 12:36 am #
Really good information thanks kepp it up
Reply
11.
Anshul
April 27, 2010 at 9:34 am #
Thanks for joining the discussion Rathka
Reply
12.
raj
May 4, 2010 at 3:39 pm #
Perfect and can be understood by any one.
Thanks a lot dear.
Reply
13.
Cash Bad Credit
September 4, 2010 at 3:30 pm #
These terms are used very often used in financial magazines and articles. Very useful post for all people
who are weak in finance.
Reply
14.
Anonymous
September 25, 2010 at 8:13 pm #
log on to rbi site n u can knw all d details
Reply
15.
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 12/28
Anshul
September 25, 2010 at 8:25 pm #
@ ^^
Finding information on RBI site is in itself a big task. And then the information provided there can be
understood by people with finance background, but not by a layman.
Reply
16.
tulasi
September 29, 2010 at 8:42 pm #
hi sir, its very helpful to me. thank u very much. as i was computer student suddenly i have shifted to
finance, it is very difficult to me. but u made my way ease. pls post the freuently used terminologies . it
would b helpful.. thank u soo much..
Reply
17.
charu
September 30, 2010 at 9:54 pm #
thanks alot!!!!! the language iz quite lucid and easy to understand …
Reply
18.
NEERAJ
October 4, 2010 at 6:48 pm #
IT IS VERY HELPFUL TO KNOW ABOUT THE BASIC TERMS OF FINANCIAL SECTORS WHICH WE OFTEN
DO NOT CARE.
Reply
19.
Bikram
December 6, 2010 at 7:40 am #
Details on the financial terms are awesome and very lucid. Kindly tell me about the current rates CRR
SLR Repo Rev-repo Bank rate and inflation rate.
Reply
20.
Anonymous
February 6, 2011 at 5:47 pm #
explanations with nice examples
Reply
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 13/28
21.
rp
February 12, 2011 at 10:56 am #
It is very useful to every one who don't know the minimum knowledge on banking terms
………..Raj.C.Prasad
Reply
22.
Anonymous
February 21, 2011 at 12:08 am #
dear sir,
thanks a lot for this article.
but will it possible for you to explain the concept of how the buy and sale of securities take place in repo
and reverse repo market? for eg say if bank x or rbi has govt security worth rs 100 today, how
will the money value of govt security vary in the cycle of give and take between bank and rbi?
Reply
23.
MADHVI SINGH , BHIWANI
April 26, 2011 at 2:58 pm #
THANX I GOT A GREAT KNOWLEGE AFTER STUDING THE ABOVE TOPIC……
Reply
24.
Rutvij
April 30, 2011 at 9:25 pm #
Thanks a lot…. indeed knowledgeable ..
Reply
25.
Anonymous
May 20, 2011 at 7:37 pm #
thanks a lot ….. it was realy easy and easile understandeable to each and every category of person….. i
have got a huge knowledge about bank rates and its effects
Reply
26.
Samir
June 28, 2011 at 4:07 pm #
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 14/28
After reading this article, i feel better about these terms.
Reply
27.
m
July 22, 2011 at 8:17 pm #
mohammed asif valsangkar,
thanks for giving information in simple terms with simple examples it works……
Reply
Vikram
March 9, 2012 at 12:57 pm #
Simple and informative.. Thanks…
Reply
28.
girish
July 24, 2011 at 10:27 am #
hey dude its really valuable fundamentals in banking sectors…thk u so much for updating this
information……
Reply
29.
Anonymous
August 16, 2011 at 9:51 pm #
what is the reserve repo rate now
Reply
30.
Sandeep pareek
August 18, 2011 at 11:39 pm #
this is really good . . . awesome article.. superlike…
Reply
31.
Anonymous
September 15, 2011 at 11:02 am #
THANKS ANSHUL,
FOR GAVE THIS KNOWLEDGE WHICH VERY IMP IN
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 15/28
FUTURE, BY GIVING EASY EXAMPLE..
Reply
32.
Priyanka das
September 16, 2011 at 11:22 pm #
Too good!! Explained in such lucid language..
The starting paragraph itself attracted me..Keep up the good work.:)
Reply
33.
NITIN KUMAR SONI
October 8, 2011 at 6:00 pm #
Really nice detailed note on important issues of banking terminology it surely help the students
preparing for various banking exams.
Thanks for giving such a useful information.
Reply
34.
Anonymous
October 9, 2011 at 9:33 pm #
thanks
Reply
35.
Parkar7
October 13, 2011 at 10:22 pm #
it was very helpfulll…….
hav my eco paper 2row….
Reply
36.
Pankaj
October 16, 2011 at 9:22 pm #
tHanks
Reply
37.
Anonymous
October 18, 2011 at 12:58 am #
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 16/28
Saranya..
Thank you very much..I went through many sites but I cud not find the banking terms so understanding
and beautifully said with examples..Really great job.It helps me 4 preparing 4 my banking
exams..Really u r helping a lot of students…!
Can any1 say what is liability,NEFT,RTGS..I am a technology student..So simple meaning will b helpful…
Reply
rigzin
February 29, 2012 at 10:10 pm #
neft-national eletronic fund transfer rtgs-real time gross settlement system
Reply
38.
durgaganesh
November 17, 2011 at 12:26 pm #
….I have see these sight…….i have gain proper and meaningful information……this is very impotent for
us……..bcz i am management student thank Q so much………..
Reply
durgaganesh
November 17, 2011 at 12:29 pm #
Beautiful…..frm management students……….thank you again and again
Reply
39.
durgaganesh
November 17, 2011 at 12:43 pm #
it is very helpful because it is providing……..updated information and clear understanding
information………thank you
Reply
40.
Rajeev patna
December 3, 2011 at 2:38 pm #
Good work its help me lots to understand things
Reply
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 17/28
41.
Sarfaraz A
December 5, 2011 at 4:50 pm #
Excellent work, I use to read about it but always use to forget. But the way u have explained in such a
simple, lucid language, I feel i will never forget it. Hats off to u…
Reply
42.
sdivya
December 28, 2011 at 4:48 pm #
Thank you so much for such a useful stuff…..
Reply
43.
SUMAN
December 29, 2011 at 6:24 pm #
great info dude keep blogging
Reply
44.
MURALIDHARAN
January 21, 2012 at 10:33 pm #
excellent.. simple, lucid and explanatory…thank u……
Reply
45.
Kamini Gangurde
January 23, 2012 at 11:17 am #
its really nice that u have the information in very precised manner…
its really going to help me out…
thanks a ton
Reply
46.
Madhavan
January 24, 2012 at 9:57 pm #
Great Info dude..
Reply
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 18/28
47.
gourav
January 26, 2012 at 4:32 pm #
thanks bro… its really very useful… keep up the good work.. thanks a lot..
Reply
48.
Priyanka
February 5, 2012 at 10:35 pm #
Seriously great job,,,,,,
Ur information is rili very helpful…..:))
Reply
Anshul
February 29, 2012 at 10:36 am #
Glad you found this helpful, Priyanka
Reply
49.
Bidur
February 11, 2012 at 6:50 pm #
Thanks lot for helping…
Reply
50.
Prathmesh
February 15, 2012 at 4:54 pm #
Nice job….This info really helps……thanks….
Reply
51.
M R Priya
March 3, 2012 at 12:08 pm #
Thank you . u gave meaning with example. it is so informative. nice work done by u. thank u
brother………………….
Reply
52.
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 19/28
ankit poonia
March 10, 2012 at 4:57 am #
thanx buddy.
god bless you.
Reply
53.
kiran
March 27, 2012 at 11:11 am #
nice one…
Reply
54.
Aayushi Sinha
March 28, 2012 at 2:33 pm #
The example given for SLR is confusing me. If we deposit Rs 100 in bank, CRR being 6% n SLR being 8% ,
then cash available with bank is 100-6-8= 86 instead of 84 !!
Reply
Anshul
March 28, 2012 at 6:18 pm #
Thanks for pointing that out Aayushi. I have corrected it.
I am impressed by your attention to details . No one noticed this mistake till now!
Reply
Aayushi Sinha
April 1, 2012 at 11:07 am #
You are welcome. I must admit the explanation of the ‘banking terms’ in simple
language is very helpful, specially for non-bankers. It helped me a lot!
Reply
Anshul
April 1, 2012 at 2:19 pm #
I’m glad you found this useful.
Reply
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 20/28
Saftain
April 5, 2012 at 4:51 pm #
Sime and understandable even for a lay man, this should be major
charactoristic of every write to write as simple as he / she can to bless
others with stuff being shared. Good work, i appreciate.
mahesh
April 16, 2012 at 7:54 pm #
this one is too much worth for me . Thank u dude
55.
RENGA
April 10, 2012 at 12:44 am #
Nice i have get some useful information from this
Reply
56.
Nayan roy ghatak
April 24, 2012 at 1:51 pm #
Congrats and thanks …… it has generated much interest, curiosity and knowladge. keep it up….
Reply
57.
mahesh
April 25, 2012 at 9:39 pm #
thnx anshul easy to understand..
ths month all these rates are changed..
crr 4.75%
slr 24%
repo rate 8%
revers repo rate 7%
bank rate 9%
Reply
Anshul
April 26, 2012 at 7:20 am #
Thanks for providing the updated rates Mahesh.
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 21/28
Reply
58.
edmond vb hlychho
April 28, 2012 at 12:11 am #
Hello Sir,
if you please help me with my humble question,i would be greatful.
Q.Sir in case of Reverse Repo Rate,who will make the rates for this(The Central Bank or the non-Govt.
Bank)
Reply
Anshul
April 28, 2012 at 9:22 pm #
These rates are decided by the central bank. Also, now the reverse repo rate is kept 100 bps
points below repo rate.
Reply
59.
Ishant jain
April 29, 2012 at 9:48 pm #
i’d never thought that learning these terms would be this much easy..thanx…:)
Reply
60.
RAO
May 12, 2012 at 10:59 pm #
its very informative and easy to understand. thanks bye
Reply
61.
rajan
May 22, 2012 at 8:03 am #
thanks buddy….it was very helpful…. :)
Reply
62.
Diptiranjan behera
May 22, 2012 at 8:48 am #
u really made these terms easier for me
thnx a lot……
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 22/28
Reply
63.
s. nandi
June 8, 2012 at 5:50 pm #
good work, very helpful and informative, thanks
Reply
64.
Ranjith
June 9, 2012 at 3:42 pm #
Really more useful information… Everyone easily understand the definitions of al the banking terms u
mentioned here… Pls provide some mathematical examples to understand each term more clearly…
Reply
65.
ankit
June 11, 2012 at 9:43 pm #
wow man what a way of explaining
superb
Reply
66.
BALA
June 15, 2012 at 2:15 pm #
Marvellous explanation… Crystal clear….
Reply
67.
aastha
June 20, 2012 at 6:44 pm #
very useful information .thanks buddy.
Reply
68.
ASWATHY NAIR
June 27, 2012 at 1:49 pm #
IT IS VERY GOOD TO INCREASE THE BEST WAY TO KNOW ABOUT THE REPO RATE IN A VERY EASIER
WAY
Reply
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 23/28
69.
ruchi
June 27, 2012 at 2:10 pm #
thank a lot.
i was bit confused with the terms,but now its clear.
Reply
70.
Jayesh
July 31, 2012 at 2:26 pm #
Thanx a lot for simplifying the terms and framing it with example ……..!!
Reply
71.
rashed
July 31, 2012 at 11:58 pm #
thankz a lot bro. i searched these thing in many site bt they have complicated theses terms. bro it wold
be helpful if u describe “convertible bond, floating crg. fixed charge” nd “pledge & hyphenation”
Reply
72.
himani singh
August 9, 2012 at 11:44 am #
it’s really relly nice….thank u..
Reply
73.
nibha
August 12, 2012 at 5:00 pm #
i m 100percnt. Satisfied from u r teaching style.thnk you
Reply
74.
monika
August 12, 2012 at 10:00 pm #
easily understandable explanation…i have thoroughly understood it
Reply
75.
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 24/28
jasmine sondh
August 13, 2012 at 8:40 pm #
thanks…….plz tell me about the diffrence betwen comerical depost n comercial paper……….
Reply
76.
anu
August 16, 2012 at 10:55 pm #
all dis informations are really awsome. thanks for dat.
could u plz tell me about marginal standing facility…
Reply
77.
deepika
August 17, 2012 at 11:00 am #
it s really helpful and easier to learn basic terms of banking from this site. thank you
Reply
78.
Sabi
August 18, 2012 at 10:53 pm #
Nice explanation …..also maximum SLR is 40% but it is maintained by RBI at its minimum level so as to
inject required liquidity in economy
Reply
Anshul
August 20, 2012 at 9:23 pm #
Thanks for this piece of information Sabi
Reply
79.
ravindra parashar
August 21, 2012 at 2:09 pm #
thank you ….
Reply
80.
naresh mehta
September 8, 2012 at 2:51 pm #
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 25/28
Very simple and informative…..thnx a loT!
Reply
81.
abhishek Brahme
September 23, 2012 at 8:45 pm #
Thanks
it so helpful and knowledgeable for all of us
Reply
82.
MADHULIKA SRIVASTAVA
September 28, 2012 at 4:31 pm #
THANKS ALOT I TOTTLY UNDERSTAND THIS BUT MAY I KNOW THE CURRENT % ABOUT BANKRATE
CRR AND SLR…
Reply
83.
KASIVISWALINGAM P
October 19, 2012 at 6:33 am #
As a retired State Bank official I would like to express my heartfelt appreciation to the author of this
article for bringing in valuable facts-Terrminology for the knowledge of many who sees it. Infact I used
to see in the news paper that RBI has changed the bps upwards / downwords saying in 25 50 75 etc but
never the current rates prevailing and how this will help or affect the Banks / Economy. I am sure the
News agencies who publicise such an announcements should make it a point to describe them clearly in
the interest Publics who will be benefitted by such informations.
Though at the top level executives such informations are vital for their daytoday financial decisions the
necessity for the common public doesnot arise. However the information is necessary for the
knowledge.
Thanks for the provision for feed back
Reply
Anshul
October 24, 2012 at 5:19 pm #
Thank you Sir for your feedback
Reply
84.
Ramya
October 24, 2012 at 6:04 pm #
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 26/28
Hie anshul…I have a doubt…why we use repo rate and inverse repo rate???it may be opposite term
explaining opposite meaning…but as you explained we can decrease the repo rate to increase the
liquidity and increase the reverse repo rate to absorb the liquidity but wht will happen if we increase
the repo rate????dont it mean the same with increase in repo rate?????
Reply
85.
Joe George
December 27, 2012 at 8:20 am #
It is a good information. I was really searching for this type of reports and find it. It is awesome.
Reply
86.
Karan
January 30, 2013 at 9:02 am #
thanks dude!! extremely helpful bit of information for finance brain dead people like me
thanks a lot…
Reply
87.
Ashish Ghosh
January 30, 2013 at 10:50 am #
Nice elaboration of the financial jargons….all in a nutshell…..extremely beneficial!!!
Reply
88.
Ashish Ghosh
January 30, 2013 at 10:53 am #
just to give an update on the rates…..here they go:-
Bank Rate-8.75%
CRR-4%
SLR-23%
REPO RATE-7.75%
REVERSE REPO-6.75%
MSF-8.75%
Reply
Anshul
February 21, 2013 at 11:09 am #
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 27/28
Thanks a lot Ashish I have updated the post.
Reply
89.
Ravi thakur
February 6, 2013 at 8:50 pm #
nice info
Reply
90.
jyoti
February 7, 2013 at 8:40 am #
very nice………..fully understandable………….
Reply
91.
srujal shah
March 1, 2013 at 7:19 am #
can any bank can get interest on deposit of CRR from RBI?????
Reply
92.
nazer palar
March 19, 2013 at 3:27 pm #
very nice, help it me to know more about our banking system. thanks
Reply
93.
Flyash
May 23, 2013 at 6:51 pm #
Thanks for the neat explanation.
Reply
94.
Ravi
June 7, 2013 at 11:39 am #
Thanks for the clear explanation sir…
Reply
6/27/13 Meaning of Repo, Reverse Repo, CRR, SLR and Bank Rates | Knowledge HubKnowledge Hub
www.knowledgehub.co.in/2010/03/meaning-of-repo-reverse-repo-crr-slr.html 28/28
95.
Amarender Reddy
June 18, 2013 at 12:44 pm #
The info is very useful and easy to understand, thanks a lot.
Reply
Leave a Reply
Name (Required)
Email (Required)
Website
Comment
Submit Comment
Notify me of followup comments via e-mail
Leave your opinion here. Please be nice. Your Email address will be kept private.
Subscribe: RSS | Email
Knowledge Hub © 2013. All Rights Reserved. Powered by WordPress. Designed by
