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How much is the present CRR rate fixed by the RBI?  

Asked in Personal Finance & Tax at 1:25 PM on December 05, 2007

Tags: present crr rate fixed rbi

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mahan08
mahan08

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what is CRR ? define the sutiable example.

is using this method increase of CRR rate, to drain out the excessive money from the banks.Now a days, you might have heard lot of these terms and usage on inflation and the bank interest rates. We. Whenever you see an increase on inflation, there will be an increase of interest rate also....NBFCs D are subject to similar norms as banks except CRR requirements ... in a restricted manner, for example

Posted in Personal Finance & Tax by kailash at 7:06 PM on October 14, 2008

How much is the present CRR rate fixed by the RBI?

It is 7.5 from 10-11-2007 onwards....CRR is the percentage amount of deposits time and demand liabilities of a bank, that it has to maintain with the RBI. As the CRR rises, the amount available for lending decreases. Meanwhile RBI announced its intention to hike the Cash Reserve Ratio by 50 basis points to 5.5 in two stages. CRR is RBIs most preferred tool to control liquidity in the system. CRR hike

Posted in Personal Finance & Tax by mahan08 at 6:55 PM on December 05, 2007

What affects interest rates?

by the Central Bank by either printing more notes or through its Open Market Operations OMO. RBI : RBI can change the key rates CRR, SLR and bank rates depending on the state of the economy or to combat inflation. RBI fixes the bank rate which forms the basis of the structure of interest rates and the Cash Reserve Ratio CRR and Statutory Liquidity Ratio SLR, which determines the availability of credit

Posted in Personal Finance & Tax by seeta rani at 7:31 PM on June 27, 2008

What is the current CRR and SLR rate?

or ceiling ratewith RBI with reference to their total net Demand and Time Liabilities DTL to ensure theliquidity and solvency of Banks Section 42 1 of RBI Act 1934. The current CRR is 4.75and at present no incremental CRR is required to be maintained by the banks.For more details about, please refer to the links:http://goo.gl/7TmOQ http://goo.gl/H0qeS...Hi,Bank rate, also referred to as the discount rate

Posted in Colleges by Anonymous at 9:21 PM on March 21, 2013
Tags current, crr, slr, rate

what is crr n how does it affect banks ?

CRR CASH RESERVE RATIO is the amount of money commercial banks need to set aside with the RBI.Hence a 7 CRR rate will mean banks need to put Rs. 7 aside for every Rs 100 deposited in the bank.CRR consuming it. And when the percentage ratio of CRR changes then it affects the banks & it depends on the speed of withdrawings by customers but according to the RBI it is desirable to keep the present level

Posted in Personal Finance & Tax by orkutjaipur at 5:06 PM on September 01, 2007
Tags affect, banks

what is repo rate and what is CRR? how those two things affects inflation?

Dear abhisek, Here is the answer.Repo Rate - It is the interest rate, at which, Banks borrow funds from Reserve Bank of India RBI. CRR - It is Cash Reserve Ratio. this indicates the amount which increase the price of product. This increase in price is what we call - INFLATION.Now comes the answer, how Repo Rate & CRR reduce inflation. As i mentioned above repo rate increaes the borrowing cost

Posted in Personal Finance & Tax by Abhisek at 4:52 AM on June 28, 2008

DO YOU THINK INFLATION CAN BE CONTROLLED AND HOW ?

the rate. Another reason can be cited for the present day hyper inflation. The money supply in the market has increased to a concerned level. As the banks are free to sacction loans to it customers the Crr by .25 basis. This will curb the money supply as the liquid money supply will be reduced once the cascading effect comes in. As the crr increase will increase the lending rate this will curb

Posted in Counselling by rajesh goyl at 9:23 PM on May 03, 2008

What are current Bank rate, Repo rate, rev. repo rate, CRR, SLR, PLR, Dep. rate, saving rate ?

saving rate-3.5 , Repo rate 5.25 ,Rev. repo rate 3.75 , CRR- 6 , bank rate --6, PLR -11-12 , Slr -25. These rate is activate in apr month . W e can find these rate in economics times . Rbi also

Posted in News & Current Affairs by Anonymous at 3:27 AM on May 08, 2010

Car Loans Get Cheaper ?

Well,According to a global automobile survey, presently more and more people are buying their dream cars. India is one of the countries in which a huge number of people are buying cars these days one as people need not to pay a single penny to get their vehicle insured....NEW DELHI: Interest rates could fall soon, making loans cheaper and saving less attractive, following a slew of measures

Posted in Personal Finance & Tax by neetaraj sin at 1:38 AM on December 12, 2008
Tags car, loans, cheaper

what is CRR and RR and bank rate plz ezpale the fact

and advances to the commercial banks, it is the only rate which helps the economy in controlling inflation and deflation....Here we explain all terms CRR, RR, Bank Rate are given below-A cash reserve ratio or CRR, it is the only rate which helps the economy in controlling inflation and deflation....Cash reserve Ratio CRR is the amount of funds that the banks have to keep with RBI. If RBI decides to increase the percent

Posted in Personal Finance & Tax by salman khan at 5:36 PM on May 05, 2008
Tags bank rate

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