RBI has cut repo rate by 25 basis points to 7.25%......the effect of interest rate cut i already posted 5 days back i think so.... Now we will see what are CRR and SLR. and better understanding about those two.......
Entire explanation is given in sheet :-
Entire explanation is given in sheet :-
Very help full 😉
ReplyDeleteyaa thanq akram
DeleteSir your email or phone number plz....
ReplyDeleteSorry Mr.ashok...
DeleteWhen the rate cut is happened by 25 basis points , it effected slr , repo , reverse repo, msf but why not crr
ReplyDeleteHi Mr.Ashok , good doubt. i think you are CA student ri8??
Deletesee Ashok,RBI's SLR cut won't boost lending but it will benefit banks in the long term.Reducing SLR requirement means banks can use the money they previously invested in SLR for lending to the private sector. In other words, lower SLR would mean that banks need to make lesser reserves on their incremental deposits.
All the best & thanq for comment..
even if CRR comes down it will enable banks to lend more as they can maintain less CRR with rbi
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