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LATEST NOTIFICATIONS

as on 13.04.2018






Updates









Quick Facts

Bank Rate

Current Rate of Bank rate, CRR,SLR,Repo, Reverse Repo rate, MSFR.
As of 13 April 2018

Indicator Current rate
Policy Repo rate 6.25%
Reverse repo rate 6.00%
Bank rate 6.50%
Marginal Standing facility rate 6.50%
CRR 4.00%
SLR 20.50%
Inflation 4.50%
Base Rate 9.10% - 9.60%
MCLR (Overnight) 7.75 % - 8.10 %
Savings Deposit Rate 4.00%
Term Deposit Rate > 1 Year 6.25 % - 6.90 %

Exchange Rate

As of 22 June 2017

RBI Reference Rate
INR / 1 USD 64.6025
INR / 1 Euro 71.9413
INR / 100 Jap. YEN 58.07
INR / 1 Pound Sterling 81.5348

Source:Reserve bank of India

India Economic-GDP

The Gross Domestic Product (GDP) is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly).
GDP is gross domestic product, the total economic output of a country, i.e., the amount of money a country makes.
GDP per capita is the total output divided by the number of people in the population.

Keys Data
GDP $2.29 trillion (nominal; 2016)
$8.64 trillion (PPP; 2016)
GDP rank 7th (Nominal) / 3rd (PPP)
GDP growth 7.9% ( FY 2015-16 Q4(Jan-Mar 2016)est.)
GDP per capita $1,820 (nominal; 129th; 2016)
$6,664 (PPP; 108th; 2016)
GDP by sector Agriculture and Fisheries: 16.1%
Industry: 29.5%
Services: 54.4% (2015 est.)












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Our Branches | India

Karnataka

Bengaluru- Electronic City

Magme Learnings Building
Vidhyanagar, Bommasandra, Hebbagodi,Electronic City, Bengaluru, Karnataka 560100,Contact:+91 95905 20000

Koppal

Magme School of Banking
Kandakoor Complex,Opp KSRTC Bus Depot & Beside Mannapurum gold loan bank, SH36,Kushtagi,Koppal, Karnataka – 583278.

Bengaluru-Gnanabharathi Campus

Magme Schoolof Banking
50/51, Kengeri Main Rd, Mariyappana Palya, Gnana Bharathi, Bengaluru, Karnataka 560056


Bengaluru- Konappana Agrahara

Magme School of Banking
50/2.BMR.Complex,Konappana Agrahara,Opp.KVB Bank,Electronic city,Bengaluru, Karnataka 560100,Contact:+91 95905 20000

Bengaluru-Kudlu

Magme School of Banking
47/5.MR.Complex,Near BTR Garden,Kudlu Road,Madiwala Post,Bengaluru,Karnataka – 560068.


Tamilnadu

Dindigul Zonal Office

Magme Techno Private Limited
85/1.Old RMS road,Nagalnagar, Dindigul – 624 003,Tamilnadu, Contact: +91 7094463006, +91 95905 20000

Hosur Branch 01

Magme School of Banking
Moovendhar nagar,Bagalur Road,Hosur,Tamilnadu – 635109, Contact: 04344 241888, +91 95905 20000

Hosur Branch 02

Magme School of Banking
Bangalore Road, Near New Bus stand,Kamaraj Colony, Hosur,Tamil Nadu-635109, Contact: +91 86809 30111, +91 95905 20000