Bank Related Rates
Bank Related Rates Type Name Rate Policy Rate Bank Rate 6% Repo Rate Reverse Repo Rate Marginal Standing Facility Rate Reserve Ratios CRR 6% SLR 24% Lending Deposit Rates Base Rate - Savings Bank Rate 4% Deposit Rate - Explanation of Bank Related Rates 1) What is Bank Rate? Bank rate is the rate of interest which RBI charges on the loans and advances that it extends to banks and other financial intermediaries. Changes in the bank rate are…