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RBI to push 10K crores into market 18 January 2014
Reserve Bank of India (RBI) will flow Rupees 10,000 crore into the market on Wednesday by buying government securities to ease the liquidity situation as it is under stress due cash balance on government getting increased. RBI will conduct Open...
Keywords: Reserve Bank of India, Indian Government, RBI, Reserve Bank of India
Read MoreInterest rates may be unchanged 03 August 2015
The chances of a rate revision of the Reserve Bank of India are very remote. The Export-Import Bank of India states that, the rising trend in inflation seen over the last two months and the rainfall deficits is expected to...
Keywords: statutory liquidity ratio, cash reserve ratio, statutory liquidity ratio, statutory liquidity ratio
Read MoreRBI holds Rates 03 June 2014
Reserve Bank of India [RBI] kept interest rates unchanged at 8 per cent in Governor Raghuram Rajan's first monetary policy announcement after a change in government in the centre. However the Central Bank has cut Statutory Liquidity Ratio [SLR] by...
Keywords: Police Rate, Statutory liquidity Ratio, India Business News, India Business News
Read MoreRBI retains Repo Rate 30 September 2014
Reserve Bank of India has unchanged the policy Repo Rate at 8 per cent citing significant upside risk to its medium term inflation target. With this decision, the home loans and car loans are likely to stay as it is....
Keywords: Police Repo Rate, Raghuram Rajan, Police Repo Rate, Raghuram Rajan
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: Bank of India, RBI, RBI, improvement in liquidity condition
Read MoreThin line in motive for open market operations: Subbarao 01 February 2012
When central banks conduct open market operations (OMOs) driven by a need to provide liquidity to support government borrowing or reduce yields rather than for liquidity management, it "becomes a case of acquiescence in fiscal dominance," India's central bank chief...
Keywords: Open market operations, RBI, OMOs, thin line
Read MoreRBI 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: Reserve Bank, Deputy Governor Subir Gokarn, Reserve Bank, CRR Cut
Read MoreRBI keeps rates unchanged 03 February 2015
The Reserve Bank of India has kept its Policy Repo Rate and cash reserve ratio [CRR] unchanged at 7.75 percent and 4.0 percent respectively. Citing the currently and evolving macro-economics situation, RBI took this decision, however, the statutory liquidity ratio...
Keywords: lending rates, GDP, RBI, home loans
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