Dear Candidates,
This important notice to all that RBI rates unchanged except SLR.The RBI has decided to reduce the statutory liquidity ratio (SLR) of scheduled commercial banks by 50 basis points from 23.0 per cent to 22.5 per cent of their net demand and time liabilities (NDTL) with effect from the fortnight beginning June 14, 2014.
Current RBI Policy & Reserve Rates:
| Repo Rate | 8% (Unchanged) |
| Reverse Repo | 7% (Unchanged) |
| CRR | 4% (Unchanged) |
| SLR | 22.5% (Changed) |
| MSF | 9% (Unchanged) |
| Bank Rate | 9% (Unchanged) |
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