Posts Tagged ‘Credit Policy’
Reserve Bank to review its credit policy today
The RBI has increased interest rates 13 times since March, 2010, to contain inflation and India Inc has been demanding a cut in the rates to arrest declining economic growth. ibnlive.com
RBI cuts CRR, interest rates unchanged
The Reserve Bank of India (RBI) cut the cash reserve ratio (CRR) by 50 bps to 5.50 per cent which will be effective from January 28 and held repo rate steady at 8.5 per cent. ibnlive.com
No hike in interest rates in RBI credit policy
The Reserve Bank of India (RBI) left the interest rates unchanged while announcing its credit policy on Friday. The credit policy left the Repo rate unchanged at 8.5 per cent while the Cash Reserve Ratio (CRR) will remain at 6 per cent. ibnlive.com