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RBI leaves key rates unchanged

Mumbai : India | about 1 month ago  
Views: 6
  • Reserve Bank of India's (RBI) Governor Subbarao poses for photographers in Mumbai
    Reserve Bank of India's (RBI) Governor Subbarao poses for ...
    Source: Reuters
  • People walk behind the main gate of India's central bank headquarters in Mumbai
    People walk behind the main gate of India's central bank headquarters ...
    Source: Reuters
Reserve Bank of India's (RBI) Governor Subbarao poses for ...
Aiming to tackle inflationary pressures, the Reserve Bank on Tuesday increased a key statutory deposit ratio for banks by one percentage point to 25 per cent but the move is not expected to push interest rates up. Barring the hike in Statutory Liquidity Ratio, the deposits that commercial banks are...
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  • News Source: The Hindustan Times | about 1 month ago
    Markets on Tuesday tumbled by over 380 points on frenzied selling triggered by the Reserve Bank's quarterly monetary policy review, which investors viewed as hawkish even though key policy rates were kept unchanged. The Bombay Stock Exchange...
  • News Source: India Abroad | about 1 month ago
    The index after extending losses recovered for a brief while after the announcement of the RBI credit policy review. However, the index soon tumbled deeper into the negative territory to touch a low of 16,311 as the review turned out to be hawkish...
  • News Source: India Abroad | about 1 month ago
    The RBI will tighten the monetary policy only when economy starts overheating. "Currently, there is no need for that," former Prime Minister's Economic Advisory Council chairman Suresh Tendulkar said. The RBI, which had been following soft monetary...
  • News Source: India Abroad | about 1 month ago
    Harsh Pati Singhania said in a statement while expressing hope that the policy will continue to ensure credit availability at the right cost. It is prudent to retain the monetary stimulus provided a few months ago which along with the fiscal stimulus...
  • News Source: The Hindustan Times | about 1 month ago
    Finance Minister Pranab Mukherjee on Tuesday ruled out any roll back of the stimulus package in a hurry and welcomed the stance taken by the central bank in its second quarterly review of the monetary policy. "Until the economy is on a firm recovery...
  • News Source: The Financial Express | about 1 month ago
    Finance Minister Pranab Mukherjee said he would rather go with the economic growth projection of the Prime Minister's economic panel, saying the six per cent forecast by RBI was way too conservative. "RBI always makes very hard and conservative...
Blogs
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  • Blog Source: blog.yavum.com
    “Managing trade-off between supporting growth and reining in inflation expectations is a complex policy challenge,” RBI said in its macro economic and monetary development report a day before the release of second quarter review of the ...
  • Blog Source: shadabaktheriimtmeerutpgdm.blogspot.com
    The RBI is expected to hold interest rates steady when it reviews monetary policy on Tuesday. It said anchoring inflation expectations in the face of sustained high inflation in essential commodities would be a key challenge and ...
  • Blog Source: deadpresident.blogspot.com
    The BSE 30-share Sensex rose 21.07 points or 0.13%, up close to 55 points from the day's low and off close to 200 points from the day's high. Capital goods stocks fell. Reliance Industries (RIL) slumped as partner Hardy Oil said a D9 ..... India's
  • Blog Source: yuvablog.com
    The Reserve Bank of India (RBI), on Monday, indicated that it would continue with its accommodative policy stance as managing growth and inflation poses a big challenge for the central bank.“Managing trade-off between supporting growth ...
  • Blog Source: deadpresident.blogspot.com
    The BSE 30-share Sensex fell 213.84 points or 1.24%, off close to 240 points from the day's high and up close to 15 points from the day's low. The Sensex fell below psychological 17000 mark level for a short while in late trade before regaining that
  • Blog Source: moneybol.com
    Managing the trade-off between supporting growth and reining in inflation expectations poses a complex policy challenge. Summary: The tradeoff will be costly since the capital markets are moving way beyond the real economy. ...
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    @VikasBajaj vikasbajaj: RBI to also allow trading in currency futures btw rupee and euro, yen and pound; earlier only dollar futures were allowed.

    about 1 month ago

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