Understanding Repo rate, Reverse Repo rate, CRR, SLR & Base Rate


Details About CRR (Cash Reserve Ratio) 

Money Reserve Ratio is the Credit proportion which all open and private banks in India need to keep up with RBI Guidelines/Directives. In CRR a particular extent of the stores (made by the banks) should be saved to the Current record at the Reserve Bank of India. This doesn't accompany any acquiring for the banks. When saved, the banks can't get to this whole, they won't have the option to utilize this sum for any business or monetary exercises and can't credit this add up to any individual or organization. 

Details About Statutory Liquidity Ratio (SLR) 

Notwithstanding Cash Reserve Ratio, banks should contribute a particular division of their credits in separated monetary safeguards like the State Government or Central Government protections. This part is generally named as Statutory Liquidity Ratio or SLR. This sum is essentially financed in organization protections of the Government which thusly, helps the bank in procuring a decent level of 'premium' on these stores. Such advantages are not benefited against a CRR.

Location: India

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