Partner Channels: Bill Pay | Health | IT Education | Jobs | Technology | Travel
|
|
|
|
|
|
||
|
Channels: Astrology | Broadband | Contests | E-cards | Money | Movies | Romance | Search | Weather | Wedding | Women Partner Channels: Bill Pay | Health | IT Education | Jobs | Technology | Travel |
||
|
|
||
|
Home >
Money > Monetary & Credit Policy 2000-2001 |
Feedback
|
|
|
OCTOBER 2000-MARCH 2001 •RBI Governor Bimal Jalan's policy statement on RBI Web site •Credit Policy highlights •RBI leaves Bank Rate, CRR untouched Permission to non-bank institutions to lend the call money market, new guidelines for issue of commercial papers, requirement of rating for term deposit raised by financial institution bank finance in stock market equity and shares and guidelines on categorisation and valuation of bank investment were among the important policy decisions announced by the Reserve Bank of India in its mid-term Monetary and Credit Policy. •Jalan cautions against impending crisis The RBI chief's Mid-Term Review of Monetary and Credit Policy for 2000-2001 is nothing short of a veiled warning of another crisis in the making. That is, unless "external market conditions" improve -- read skyrocketing crude oil prices -- and investment outflows turn into inflows. •Bankers welcome Credit Policy measures Leading bankers have welcomed the RBI's mid-term Credit Policy measures and expected positive outlook for country's economic growth. •Industry expects cut in interest rates, CRR Trade and industry chambers on Tuesday cautiously welcomed the credit policy and expressed hope that Reserve Bank of India will announce some interim measures this year in the form of reduction of interest rates and CRR. NEWS
FROM THE REDIFF ARCHIVES:
RBI's Credit and Monetary Policy 2000-2001 (First Half)
RBI's Credit and Monetary Policy 1999-2000
|
||||||
