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RBI hints at another CRR cut 22 February 2012
The mid-quarter review of the monetary policy is scheduled for March 15 and it is widely expected that one more CRR cut can be on the anvil. Deputy Governor Subir Gokarn said the Reserve Bank will "consider" a further cut...
Keywords: monetary policy, Subir Gokarn, cash reserve ratio, RBI hints
Read MoreCRR cut: Banks may not reduce EMIs 25 January 2012
However, a few like Oriental Bank of Commerce Executive Director S C Sinha said the CRR cut would "definitely lead to reduction in interest rates." Chairman of the Prime Minister's Economic Advisory Council and former RBI Governor C Rangarajan said...
Keywords: RBI, improvement in liquidity condition, Dena Bank, cash reserve ratio
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