Page-5 of Interest rate Current Affairs, GK & News

Current Affairs : June 16, 2011

Short term lending and borrowing rates hiked by 25 basis points by the RBI The RBI raised the RR (Repo Rate) and the RRR (Reverse Repo Rate) by 25 basis points This was to combat inflation RR raised to 7.5% and RRR raised to 6.5% 10th time since March last year, RBI has hiked the ..

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Bank investment contract

A security with an interest rate guaranteed by a bank. It provides a specific yield on a portfolio over a specified period.

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Current Affairs 2009 Business & Finance Mini Current Affairs

September 22, 2009: ADB projects China’s Growth 8.2 percent in 2009September 19, 2009: Irda setting up database of insured vehiclesSeptember 17, 2009: Japanese loan for Railway freight corridorSeptember 15, 2009: 64 ‘multi-function stations’ of Indian RailwaysSeptember 8, 2009: SEWA Bank & Micro Pension ProgrammeSeptember 4, 2009: SBI cuts rates for crop, minor irrigation loans September ..

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