After the hike of 75bps in the CRR (Case Reverse Ratio) by the RBI, the current CCR Rate is 5.75 percent.
The CRR or Case Reverse Ratio Rate hike of 75bps will be done in 2 stages – first by 50bps and then by 25bps. The first hike will be effective from 13th February and the second hike will be effective from 27th February, 2010.
The current Reverse Repo Rate is 3.25 percent and the current Repo Rate is 4.75 percent.
More news on the RBI CRR Hike will be posted here on this blog. Please visit back and stay updated.Share
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