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
Tag: RBI Governor
Budget 2013: FM to table Economic Survey, Here what to expect
Feb. 27 Business, India News, Political News Comments Off
After Rail Budget, now the time is of presentation of the Economic Survey 2013-14 which scheduled to table in Parliament House the Lok Sabha by Finance Minister P Chidambaram on Wednesday. Read more
Tags: Budget 2013 focus on growth, Budget 2013 Highlights, Budget to present in Parliament, business, economic growth, Economy Survey, Featured, Fiscal Deficit, FM, FM presents Economy Survey 2013, GDP Growth, General Budget, India News, Indian Economy, Lok Sabha, NTN, P Chidambaram, Political news, RBI Governor, Union Budget 2013
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 may slash rates despite high inflation
Jun. 18 Business, India News Comments Off
Investors can now pay less interest on their investment in wake to store savings as the Reserve Bank of India (RBI) is likely to decline the interest rates on Monday, giving a relief from high inflation indicating with economical withdrawal symptoms with long term destruction.
Source said, RBI planed to unchanged policy rates in June, but due to having worse global market situation, it has to change its decision to balance the economy. Read more
Tags: Banks, BRIC nation, business, Duvvuri Subbarao, Economy Sector, Featured, India News, Inflation, Interest Rates, Investments, NTN, RBI, RBI Governor, Reserve Bank of India, Standard & Poor's analyst
