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It is a bank regulation that sets the minimum reserves each bank must hold by way of customer deposits and notes. These deposits are designed to satisfy cash withdrawal demands of customers. CRR is also called the Liquidity Ratio as it seeks to control money supply in the economy.
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this is the presentation on repo & reverse repo (the repo & reverse repo rates are current rates which are given when this presentation was uploaded,the rates may change according)pls do not refer this rates as its fluctuating
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It is a bank regulation that sets the minimum reserves each bank must hold by way of customer deposits and notes. These deposits are designed to satisfy cash withdrawal demands of customers. CRR is also called the Liquidity Ratio as it seeks to control money supply in the economy.
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this is the presentation on repo & reverse repo (the repo & reverse repo rates are current rates which are given when this presentation was uploaded,the rates may change according)pls do not refer this rates as its fluctuating
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The Reserve Bank of India (RBI) governor cut the repo rate by 50 basis points (bps) to 6.75% on Tuesday. The central bank also reduced the inflation forecast to around 4.8% by the end of financial year 2017. After RBI’s action, an immediate recovery in equity markets, which were down at least 1% from the morning. Markets shot into the positive territory—in just over 2 minutes after the announcement. Bond markets rejoiced with yields on the 10-year benchmark government security moving to 7.57% from 7.73% within minutes.
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