Here listed down all the major facts and figures of the Indian Banking rate and economy figures of current fiscal year as on April 2012-13.
Percentage (%)
|
|
Bank Rate 2012
|
9%
|
Repo Rate
|
8%
|
Reverse Repo Rate
|
7%
|
Cash Reserve
Ratio (CRR)
|
4.75%
|
Statutory
Liquidity Ratio (SLR)
|
24%
|
Current Base
Prime Lending Rate(BPLR):
|
10%-10.75%
|
Current Savings
Bank Rate 2012:
|
4.0% (Deregulated)
|
Deposit Rate:
|
8.50-9.25%
|
Treasury Bill/Bond
Rate (364-91 days)
|
8.1%-8.3%
|
Facts and figure as on 22th April 2012
|
(A 0.50%/50 basis points
has been decreased as a part to control the inflation)
Economy Rates/Projected 2012-13
|
|
Current GDP
Growth rate (current fiscal)
|
7.3%
|
Inflation (as on
March end 2012-13)
|
6.5%
|
Current Fiscal
Deficit Target rate
|
5.1%
|
The major changes has been made on CRR, Repo and Reverse Repo rate, along with savings bank rate deregulation. For more current affairs of banking sector check out here.
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