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Sixth RBI Bi-monthly Policy Review

Today RBI released sixth Bi-monthly Policy. Most of the policy rates are unchanged except SLR which is reduced to 21.5%. Now banks need to carry less funds and they can lend more. Inflation levels expected to be in range of 5-6%.

Key Policy rate 

  • Repo rate 7.75%
  • Reverse repo rate -6.75%
  • Bank rate - 8.75%
  • Statutary Liquidity Ratio (SLR) - 21.5% (Decreased by 50 basis points
  • Cash reserve ratio (CRR) - 4%


RBI increased the remittance limit that is Liberalised Remittance Scheme (LRS) to $250,000 per person per year



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15 comments:

  1. repo rate decrease from
    8% to 7.75%

    ReplyDelete
  2. P.O in S.B.I aka (Cameo Sis)..February 3, 2015 at 9:57 PM

    sir non resrve studnt k liye v list aayegi??? kya

    ibps po mt 3 m???

    ReplyDelete
  3. Plz provide study material for computer related questions for it officer exams

    ReplyDelete
  4. Thanks for the info. - http://allexresults.blogspot.com

    ReplyDelete
  5. Weird interview experience faced at lucknow Grand JBR Hotel at 28 Jan .
    Name - Varun
    Singh
    graduation with bsc biotechnology with computer science.
    this is my second po interview nd third attempt for po.
    Having a huge gap of 6 Years in my career
    whole interview was on hindi.
    I entered the room nd wished goodmorning to mam , suddenly realized it is 1 O clock , saidsaid sorry mam . Good afternoon mam , Good afternoon sirs ( thought starting me hi gadbad kar di ).
    there were five members in
    panel.
    M 1 :
    Baithaiye
    me : Thank you sir
    M1: So u r from faizabad
    Me : Yes sir
    M1 : Itna gap kyo hua
    Me : Told abt my father's health problem . Sir my elder brother is doing job at madhyapradesh . I m the only one member to take care of old age parents .my father is also suffering from dementia .
    M 1 (rudly ) : It doesn't mean aap zindagi bhar ghar me rahenge .
    suppose that u placed in Nagaland . " Nagaland kabhi suna hai ".
    Me : Yes sir i heard about nagaland . If i placed in nagalaland , i ll definitely take my parents there . Afterall meri responsibility hai ye. Aur mai selfdependent ho jaunga to jyada acche tarike se care kr paonnga .

    M1 : (Rudly ) Uske alawa kuch kia itne time tak
    Me : Yes sir , took tutions nd also doing farming at village .
    M1 : Ok tell me what is summer .
    Me : Srry sir ,heard about rabi nd kharif crop but dnt knw what is summer .
    M 1: Kheera khaya hai ?
    me : Yes sir
    M 1: Kab hota hi
    Me : In summer (oh shit it was summer crop )
    M1: Tum fertilizers to jnte hoge . Name few
    Me : Told him about diammonium phosphate , urea nd NPK
    M1 : ok kaun plant ke growth me help krta hai
    Me : Urea
    M1 : Urea me sabse jyada kya hota hai
    Me : Sir , Nitrogen
    M1 : What is NPK
    Me : Sir , it is Nitrogen Phosphorus Potassium
    M 1 : Phosphorus nd potassium ka work batao
    Me : ( Sir m nt frm agricultural student , i knw the basic thing abt farming , whch is used in practical life .) Sir plant k growth me use hota hi but dnt knw the basic function .
    M1 : Ok britain me kaun head hota hai pm or king
    Me : Sir vaise to waha democracy hai but queen ko head mana jata hai . Queen elizabeth head Hain
    M1 : 1 Or 2
    Me : queen elizabeth 2
    M 1 : Japan me head kaun hota hai
    Me : Confused told pm but dhyan aaya king hota hai head " Sir king head hota hi "
    M1 : Japanese pm kaun hai
    Me : Mr shinzo abe
    M1 : Abhi bharat aaye the
    Me : No sir humare pm gye the japan visit par
    M1 : Apne banking to padhi hogi
    Me : Yes sir
    M1 : What is NIM ?
    Me : sry sir i dont knw
    M1 :apne nhi suna , ok it is net interest margin . Sochiye kya hota
    hoga
    me : Sir , banks credit me jo interest charge karti hai uspar net interest par margin smthng like
    that . nt satisfied with my answer
    M 1 : what is difference between public sector banks nd nationalize banks
    Me : Sir , public sector banks me goverment k stakes jyada ( Ohh shit both r same )
    sir , dono same hote hai
    he laughed loudly ":yes both r same "
    than god sir ko hasi to ayi
    M 1: lead bank kya hote hai
    Me : District me sabse badi bank jiska capital jyada , unhone dusra question puch lia
    M1 : Ibps clerk me kitne marks aa
    jayenge
    me : Sir between 125 - 130
    M1 : Ok u may go now
    i was totally shocked nd thought meri to watt lag gyi .said thankyou sir nd came outside
    it was my second interview aur wo bhi hath se gya . I didnt want to discuss my parents health issue but it is true nd m alone at home .sari responsbility mere upar hai . Totally upset after interview . It was my third attempt nd second po interview , whc is not going to clear :(

    ReplyDelete
  6. Raman sir plz share my inrerview experience

    ReplyDelete
  7. sir i hav one doubt ...sir i cleared the ibps rrb assistant .who will send the interview letter.ibps board or the particular gramin bank ...sir plz reply me sir

    ReplyDelete
  8. Sir U did alot awesome work for us...
    Heartly Thank u Sir

    ReplyDelete
  9. u have to apply in various banks only then u will get interview call

    ReplyDelete
  10. i mean the interview letter received from gramin bank or ibps board

    ReplyDelete
  11. ya sir . ..after applying various bank ..who will send a interview letter gramin bank or ibps board which one sir ???

    ReplyDelete
  12. appeared for specialist officer on 14th , hell lot of syllabus changed professional knowledge was more of testing part , simple factorization they have given big big numbers totally time taking not at all as expected.........

    ReplyDelete
  13. sir please explain question no. 4th and 5th thanx in advance.

    ReplyDelete

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