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financial-investment
  • sumita
  • April 10, 2020

NRO, NRE, FCNR, EEFC & RFC Bank Account for NRI's

The Reserve Bank of India (RBI) is the regulator of foreign exchange dealings in India. It prohibits, restricts, and regulates the opening, holding and maintaining of foreign currency accounts, and the limits up to which a person resident in India…

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Abhinash Mandilwar

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The website will be helpful for a person who is interested for banking services.

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Current Rates

Policy Repo Rate:

4.00%

Reverse Repo:

:3.35%

Marginal Standing Facility Rate:

4.25%

Bank Rate:

4.25%

CRR:

3.00%

SLR:

18.00%

Savings Deposit Rate:

2.70% - 3.00%

Term Dep. Rate > 1 Year:

4.90% - 5.50%

Base Rate:
7.30% - 8.80%
MCLR (Overnight):
6.55% - 7.05%

 

Senior Citizen Savings Scheme (SCSS) 2004: 7. 40%
Public Provident Fund(PPF): 7. 10%
Sukanya Samriddhi Yojana: 7. 60%

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About Banking Digest

The website will help for updating banking knowledge for young bankers. It is also helpful for various banking related exam I.e. IBPS (Banking Awareness), JAIIB / CAIIB, Bank promotion. Bank PO/Clerk exam, various competitive exam etc. The website will be helpful for a person who is interested for banking services.

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  • Home
  • About Us
  • Downloads
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Current Rates
Policy Repo Rate:

4.00%

Reverse Repo:

:3.35%

Marginal Standing Facility Rate:

4.25%

Bank Rate:

4.25%

CRR:

3.00%

SLR:

18.00%

Savings Deposit Rate:

2.70% - 3.00%

Term Dep. Rate > 1 Year:

4.90% - 5.50%

Base Rate:
7.30% - 8.80%
MCLR (Overnight):
6.55% - 7.05%

 

Senior Citizen Savings Scheme (SCSS) 2004: 7. 40%
Public Provident Fund(PPF): 7. 10%
Sukanya Samriddhi Yojana: 7. 60%
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