Monthly Archive: May 2016

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