|
Term
|
Current Status
|
As on
|
|
Repo Rate
|
4%
|
15/02/2022
|
|
Cash Reserve Ratio
|
4%
|
15/02/2022
|
|
Reverse Repo Rate
|
3.35%
|
15/02/2022
|
|
Marginal Standing Facility
|
4.25%
|
15/02/2022
|
|
Bank Rate
|
4.25%
|
15/02/2022
|
|
Statutory Liquidity Ratio
|
18%
|
15/02/2022
|
|
Foreign Exchange Reserve
|
$635.8 Billion
|
08/12/2021
|
Repo rate: It is rate at which RBI lends to its clients generally against government securities.
Reverse Repo Rate: It is rate at which banks lend funds to RBI.
Marginal Standing Facility (MSF) Rate: It is rate at which scheduled banks can borrow funds overnight from RBI against government securities. It is very short term borrowing scheme for scheduled banks.
Bank Rate: It is rate charged by central bank for lending funds to commercial banks. Higher bank rate will translate to higher lending rates by banks. It influences lending rates of commercial banks.
Cash Reserve Ratio (CRR): It is amount of funds that banks have to keep with RBI. The RBI uses CRR to drain out excessive money from system.
Statutory Liquidity Ratio (SLR): It is amount that banks have to maintain a stipulated proportion of their net demand and time liabilities (NDTL) in form of liquid assets like cash, gold and unencumbered securities, treasury bills, dated securities etc.