Saturday, January 3, 2009

CRR and Repo Rate

After recent revisions CRR,Repo rate and reverse repo rates are as under-
1CRR was cut by 0.5 percent.Present CRR is 5 per cent.
2.Repo Rate was reduced by 1 percent.The present Repo rate is 5.5 percent.
3.Reverse rep rate was reduced by 1 percent.Present reverse repo rate is 4 percent.

No comments: