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What is meaning to Repo rate?
the no of times a husband sleeps with his wife is called repo rate
Who was the first Governer of India?
The first Governer of the India(RBI) was Sir Osborne Smith (1 April 1935 - 30 June 1937) an dformely governal general of India was C Rajagopalchari
What is the difference between bank rate and repo rate?
The reverse repo rate is the rate at which banks park their short-term excess liquidity with the Central Bank, while the repo rate is the rate at which the Central Bank pumps in short-term liquidity into the system.
Most rbi's by a shortstop for a career?
Honus Wagner with 1732 RBI
What is the literacy rate of India in 1947?
12 %
What is crr rate by rbi if India?
5% in December 09
What is CRR rate by RBI 2010?
The CRR rate is 3% to 15% fixed by RBI.
What is CRR rate by RBI of India in 2011?
present CRR is 5.50%..it has decreased from 6% (according to 2012 data)....earlier it was 6% in 2011....
What is the current CRR declared by rbi?
the current CRR declare by RBI is 6%.2011
What is the current CRR and Repo rate?
As per the third quarter review monetary policy on January 29, 2010, RBI hiked the CRR by 75 basis points to 5.75%.
What is cash reserve ratio or CRR?
Cash Reserve Ratio or CRR in India is the amount of money that every bank has to deposit with the RBI per customer. Every time a customer deposits cash to the bank, the bank has to correspondingly deposit a portion of that cash to the RBI. RBI decides this percentage of money that each bank has to deposit with it.
Will another CRR rate cut by RBI lead to higher inflation rate?
I think it will. Because as we go by the actual procedure, when RBI cuts the CRR rate, the liquidity in the market rises and thereby the banks' lending capacity to the individuals and institutions also rises. Thus the purchasing power in goods, commodities and stock markets will increase and so will the inflation.
What is current cash reserve ratio?
The current cash reserve ratio (CRR) in India set by the RBI is 5% as on 21st august, 2009.
What you Cash reserve ratio?
Cash Reserve Ratio or CRR in India is the amount of money that every bank has to deposit with the RBI per customer. Every time a customer deposits cash to the bank, the bank has to correspondingly deposit a portion of that cash to the RBI. RBI decides this percentage of money that each bank has to deposit with it. The RBI holds the control on the CRR because, the CRR can influence the credit conditions in our country. If the CRR is increased, the amount of liquid cash in circulation in the country would come down and similarly if the CRR is decreased, the cash circulation in the country would increase. Say if the CRR of the country is 10%, and you go to a bank to deposit Rs. 1000/- the bank will have to deposit at least Rs. 100/- with RBI. The remaining funds can be used by the bank to grant loans to other customers and earn an income for itself
What is reserve cash ratio?
Cash Reserve Ratio or CRR in India is the amount of money that every bank has to deposit with the RBI per customer. Every time a customer deposits cash to the bank, the bank has to correspondingly deposit a portion of that cash to the RBI. RBI decides this percentage of money that each bank has to deposit with it. The RBI holds the control on the CRR because, the CRR can influence the credit conditions in our country. If the CRR is increased, the amount of liquid cash in circulation in the country would come down and similarly if the CRR is decreased, the cash circulation in the country would increase. Say if the CRR of the country is 10%, and you go to a bank to deposit Rs. 1000/- the bank will have to deposit at least Rs. 100/- with RBI. The remaining funds can be used by the bank to grant loans to other customers and earn an income for itself
What is the definition of cash reserve ratio?
Cash Reserve Ratio or CRR in India is the amount of money that every bank has to deposit with the RBI per customer. Every time a customer deposits cash to the bank, the bank has to correspondingly deposit a portion of that cash to the RBI. RBI decides this percentage of money that each bank has to deposit with it. The RBI holds the control on the CRR because, the CRR can influence the credit conditions in our country. If the CRR is increased, the amount of liquid cash in circulation in the country would come down and similarly if the CRR is decreased, the cash circulation in the country would increase. Say if the CRR of the country is 10%, and you go to a bank to deposit Rs. 1000/- the bank will have to deposit at least Rs. 100/- with RBI. The remaining funds can be used by the bank to grant loans to other customers and earn an income for itself
Monetary policy of India?
means latest crr, repo rate,revers repo rate, bank rate ,slr
