Sign up now
to enroll in courses, follow best educators, interact with the community and track your progress.
Download
Bank rate changed (in Hindi)
194 plays

More
In this lesson Sakshi explains the important notification regarding the Bank rate

Sakshi Pahwa is teaching live on Unacademy Plus

Sakshi Pahwa
Qualified IBPS PO, Category Expert at Unacademy, 4 years of Experience in developing content for Competitive Exams, an MBA in Marketing and

U
Unacademy user
iski hi jrurat thi. Really helpful. thanks a lot for ur guidance (y) :)
CRR -4% SLR-19.5% Repo-6.25% RRR-6.00% Bank Rate-6.50% m I r8 or nt......?
  1. BANK RBI NOTIFICATIONS: IMPORTANT TERMS AND ANALYSIS PRESENTED BY SAKSHI PAHWA


  2. OTHER COURSES BY ME Monthly Current Affairs Monthly Banking And Financial Awareness Monthly RBI Notification Mock Questions For Various Bank Exams Such As SBI, IBPS, RBI GRADE B Etc MBA in Marketing and Finance Qualified IBPS PO Follow me on https://unacademy.com/user/ sakshi.pahwa248 Doubt or Feedback in the Comments Section Rate, review, recommend the lesson Practice Questions with Strategies on important topics like Parajumbles, RC, Sentence Connectors, Cloze Test etc.


  3. unacademy Follow me on the Unacademy Learning App 295.9k 49 views Sakshi Pahwa #10 Educator in Bank Exams Qualified IBPS PO, Category Expert at Unacademy, 4 years of Experience in developing content for Competitive Exams, an MBA in Marketing and . Get updates about new courses Watch all my lessons Download slides and watch offline 32.7k 19 101 Follow Lists (1) Q Sakshi Pahwa USE MY CODE-sakshi.pahwa248 General Awareness by Sakshi Pahwa for Bank Exams 64 saves Sakshi Pahwa


  4. Change in Bank Rate The Bank Rate stands adjusted by 25 basis points from 6.75 per cent to 6.50 per cent with immediate effect. All penal interest rates on shortfall in reserve requirements, which are specifically linked to the Bank Rate, as specified here.


  5. Revised Rate (With immediate effect) Item Existing Rate Penal interest rates on shortfalls in reserve requirements (depending duration of shortfalls) Bank Rate plus 3.0 Bank Rate plus 3.0 percentage points percentage points (9.75 per cent) or Bank (9.50 per cent) or Bank Rateplus5.0 Rate plus 5.0 percentage points percentage points (11.75 per cent) (11.50 per cent)


  6. Thanks for watching Do RATE, REVIEW AND RECOMMEND!