Sunday, March 15, 2020

Current Affairs In Banking Sector Essay Example

Current Affairs In Banking Sector Essay Example Current Affairs In Banking Sector Essay Current Affairs In Banking Sector Essay whereas all sales of gold is domestically will be against upfront payments. RIB cut report rate by 0. 25% in sixth bimonthly policy stated 2014-15: RIB cut its main lending rate (report rate )by 0. 25% with immediate effect in its sixth bi-monthly monetary policy as announced on 5th Jan 2015. Changes in bank rate are reflected in the prime lending rates offered by commercial banks (to their best customers), which in turn affect investments such as bank deposits, bond issues, mortgages. Cash reserve ratio (CAR):CAR means Cash Reserve Ratio. Banks in India are required to hold a certain proportion of their deposits in the form Of cash. However, actually.