India Inc on Tuesday said a cut in key rates by the Reserve Bank would have been propitious for growth, even as it hailed the central bank's move to slash statutory liquidity ratio, saying it will......
The following are the highlights of the RBI's second quarter review of monetary policy, unveiled by Governor D Subbarao on Tuesday: Rates: Raises statutory liquidity ratio by 100 bps to 25%......
For the second consecutive time, Reserve Bank Governor D Subbarao on Tuesday left the key interest rate unchanged to fight inflation, and lowered the growth projection for the current fiscal to 6.5......
Following are the highlights of RBI's bi-monthly monetary policy statement: * Short-term lending (Repo) rate unchanged at 8 per cent * Cash reserve ratio (CRR) unchanged at 4 per cent * Statutory......
Reserve Bank of India announced its monetary policy on Tuesday. Here are the highlights: Short-term lending rate (repo) cut by 0.25% to 7.25 % Cash Reserve Ratio unchanged at 4% Statutory......