Reserve Bank of India Rates

Repo Rate :- 8%
Reverse Repo Rate :- 7%
Cash Reserve Ratio :- 4%
Statutory Liquidity Ratio :- 22%

RBI Deputy Governor

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1.Who is appointed as the Reserve Bank of India Deputy Governor?
Answer :- R.Gandhi

• There is 4 Deputy Governors in Reserve Bank of India. The other three are K.C.Chakrabarty, H.R.Khan and Dr.Urjit Patel

Rates of RBI

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1. What is Current Riporate ?
Answer :- 8%
2. What is Current Cash Reverse Riporate ?
Answer :- 4%

• Repo rate :- It is the rate at which Reserve Bank of India lends money to commercial banks in the event of any shortfall of funds.
• Revesre Ripo rate :- It is the rate at which Reserve Bank of India borrows money from commercial banks within the country.