1. Repo Rate-Repo rate is the rate at which the central bank of a country (RBI in case of India) lends money to commercial banks in the event of any shortfall of funds. 2.Reverse repo rate is the rate at which the central bank of a country (RBI in case of India) borrows money from commercial banks within the country. 3.CRR-Cash Reserve Ratio is a specified minimum fraction of the total deposits of customers, which commercial banks have to hold as reserves with the central bank. 4.SLR- SLR stands for Statutory Liquidity Ratio. Apart from CRR, every bank is required to maintain in India at the close of business every day, a minimum proportion of their Net Demand and Time Liabilities as liquid assets in the form of cash, gold and un-encumbered approved securities. 5.MSF-Marginal standing facility is the rate at which scheduled banks could borrw funds overnight from the Reserve Bank of India (RBI) against approved government securities. 6.Bank rate-The interest rate at which a nations central bank lends money to domestic banks. Often these loans are very short in duration.
Posted on: Sat, 25 Oct 2014 16:59:55 +0000
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