Wednesday, 5 October 2016

Hyderabad Mutual Funds Business News, India

Current Rates as announced today are:

1. Repo Rate – 6.25% (reduced by 25 basis points from 6.5 per cent to 6.25 per cent)

2. Reverse Repo Rate – 5.75%

3. CRR (Cash Reserve ratio) – 4%

4. Bank Rate – 6.75%

5. MSF (Marginal Standing Facility) – 6.75%

6. SLR (Statutory Liquidity Ratio) – 20.75% (as per RBI official website)

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