Tag: RBI Credit Policy

RBI credit policy by Mr. Amar Ambani; Head of Research – India Infoline Limited (IIFL)

“The RBI has obliged on the Government’s call to the Central Banker to support its growth agenda by cutting Repo rate by 25 basis points. An improvement in trade deficit, drop in core inflation, achievement of 5.2% fiscal deficit and slowing growth prompted RBI to act. Read more

RBI’s Monetary Policy: CRR slashes, Rates unchanged

RBI 150x150 RBIs Monetary Policy: CRR slashes, Rates unchangedAfter 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

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