Monthly Archive: May 2016

SBI Probationary Officers Recruitment 2016-2017 0

SBI Probationary Officers Recruitment 2016-2017

State Bank of India(SBI) invites applications for the post of probationary officers for the year 2016-17 Below is the tentative schedule of events Sl No Particulars Date 1 Online registration of application 4-5-2016 to...

Policy rates & Reserve ratios May 2016 1

Policy rates and Reserve ratios May 2016

Policy rates Policy Repo rate:6.50% ┬áReserve Repo rate:6.00% Marginal standing facility rate:7.00% Bank rate:7.00% Reserve ratios CRR:4% SLR:21.25% Lending/Deposit rates Base rate:9.30%-9.70% Savings deposit rate:4% Term deposit rate>1 yr:7% – 7.50% Exchange rates INR/USD-66.76