Good morning so the RBI New rates effective 29.10.2013 are :BTXtODVCQAALUaw

*Bank Rate:8.75%
*Repo Rate:7.75%
*Reverse Repo Rate:6.75%
*MSF Rate:8.75%
*Cash Reserve Ratio:4%
*SLR:23%

Well those are the rates where the governor Raghuram Rajan in his first “real” policy, increased the repo rate by 0.25% to 7.75% and cut the MSF rate by 0.25% to 8.75%. Reverse repo goes to 6.75%.

Well the above would be more clear providing you Continue reading