Repo rate is the rate at which banks borrow from the RBI to meet loan demand, currently at 7.75%. If RBI raises repo rate, it becomes more expensive for banks to borrow; lowering repo rate makes it cheaper. Reverse repo rate is the rate at which RBI borrows from banks, currently at 6.75%. RBI uses reverse repo to control excess money in banks. SLR requires banks invest a portion of deposits in government securities to restrict lending. CRR requires banks keep a portion of deposits as cash with RBI to ensure risk-free funds and allow RBI to control liquidity and inflation. Current CRR is 4%.