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Tag: D Subbarao

RBI cuts interest rate by 25 basic points

Mar. 20 Business Comments Off

Offering much before expectations, the Reserve Bank of India on Tuesday cut its short tem lending rate by 0.25 percent, reports said. Read more

Tags: Banking Repo rate, business, Cash Reserve Ratio, D Subbarao, Featured, GDP, lending rate, NTN, Rate Cut, RBI, RBI Governor, Reserve Bank of India

RBI hit CRR cut again , Sensex goes red erases gain

Oct. 30 Business, India News Comments Off

With a move to push growth, the Reserve Bank of India today kept hold its policy rates, repo rates unchanged and being refused to move ahead for banks’ cash reserve ratio due to much pressure of inflationary on economy.

In its fourth quarter of 2012-13, RBI cut CRR by 25 basis points to 4.25 percent, the limited money that commercial banks have to retain in the form of liquid assets which leading to the some Rs.175 billion into the banking system. Read more

Tags: business, Commercial Banks, CRR Rates, D Subbarao, Featured, India News, interest rate, Liquidity ratio, monetary policy, NTN, RBI, RBI Governor, RBI Policy, Repo Rates, Sensex

RBI’s Monetary Policy: CRR slashes, Rates unchanged

Sep. 17 Business, India News Comments Off

After unveiling the mid-quarter review of the monetary policy by Reserve Bank of India (RBI) Governor D Subbarao, a much disappointing wave spread among the marketers, but a strongest attack in appositive move toward inflation.

RBI’s policy brings unchanged repo rates while cut off CRR, cash reserve ratio by 25 basis points from 4.75 per cent to 4.50 per cent, allowing banks to keep more cash and downing their lending rates, improving investments. Read more