The Reserve Bank of India (RBI) on Friday hiked the cash reserve ratio (CRR) for commercial banks by an unexpected 75 basis points, in a clear bid to curb inflationary expectations in the economy. Cash reserve ratio is the minimum liquid assets banks have to retain against deposits or park with the central bank in the form of government securities. All other policy rates were left unchanged.
RBI also raises Cash Reserve Ratio by 75 basis points to 5.75 per cent.
http://www.ibnlive.com/news/this-will-hurt-rbi-warns-inflation-may-rise/109368-7.html
Overall scenario still uncertain with fiscal consolidation posing a challenge.
http://www.ibnlive.com/news/rbi-leaves-key-rates-unchanged/98040-7.html
Reserve Bank of India cuts the CRR by one per cent.
http://www.ibnlive.com/news/rbi-cuts-crr-repo-rates-to-prop-up-economy/77240-7.html
The bank also hopes to rein in inflation to seven per cent by March end.
http://www.ibnlive.com/news/rbis-quarterly-credit-policy-keeps-rates-unchanged/76628-7.html
The RBI had made repo rate and CRR cuts to kickstart economy.
http://www.ibnlive.com/news/network-18-poll-shows-people-surprised-by-rbis-moves/76618-7.html
Do repo rates and CRR cuts impact your home loan interest?
http://www.ibnlive.com/news/crr-repo-rate-cut-will-loan-rates-fall/76426-7.html
As RBI cuts CRR, Wealth tell you how this move your home loan interest rate.
http://www.ibnlive.com/news/wealth-special-will-a-crr-cut-reduce-loan-rates/76275-7.html
Cut in CRR and fall in inflation has renewed expectations of interest rate cut by banks.
http://www.ibnlive.com/news/banks-may-reduce-both-lending-deposit-interest-rates/75977-7.html
Udayan Mukherjee, CNN-IBN's Stocks Experts speaks about economic crisis.
http://www.ibnlive.com/news/global-recession-could-last-longer-stocks-expert/75905-7.html
The RBI is in fire fighting mode and wants to see the markets lift up.
http://www.ibnlive.com/news/rbi-cuts-crr-by-1-pc-releases-additional-rs-40k-cr/75896-7.html
Lending institutions to get money immediately: Chidambaram.
http://www.ibnlive.com/news/govt-puts-in-rs-25k-crore-for-banks--rbi-cuts-crr-by-1-pc/75893-7.html
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