cash reserve ratio

Sensex down 46 points; oil and gas, IT stocks fall (Roundup)


September 18th, 2012 - 6:24 pm ICT by IANS
Mumbai, Sep 18 (IANS) Snapping a nine-day rally, a benchmark index of Indian equities markets closed 46 points down Tuesday due to selling pressure in oil and gas, IT and ... Read more...

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More steps soon for fiscal consolidation: Chidambaram


September 17th, 2012 - 11:24 pm ICT by IANS
New Delhi, Sep 17 (IANS) The government will take more steps in coming months to ensure fiscal consolidation and boost economic growth, Finance Minister P. Chidambaram said Monday.Talking to reporters ... Read more...

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Sensex closes 78 points up to touch 14-month high (Roundup)


September 17th, 2012 - 11:23 pm ICT by IANS
Mumbai, Sep 17 (IANS) A benchmark index of Indian equities market edged 78 points higher to close at a 14-month high Monday on the back of capital goods, banks and ... Read more...

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Inflation to be high till fiscal consolidation is complete: Experts


September 17th, 2012 - 11:23 pm ICT by IANS
Chennai, Sep 17 (IANS) The Reserve Bank of India (RBI) has decided to wait till the effects of current fiscal consolidation is complete before tweaking the policy rates, a top ... Read more...

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Rs.17,000 crore released into banking system; retail interest rates expected to fall (Roundup)


September 17th, 2012 - 11:22 pm ICT by IANS
Mumbai, Sep 17 (IANS) The Reserve Bank of India (RBI) Monday kept key interest rates unchanged, but cut the cash reserve ratio (CRR) releasing Rs.17,000 crore into the banking system ... Read more...

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India inc favours investments in equities, mutual funds


August 27th, 2012 - 9:36 pm ICT by IANS
Bangalore, Aug 27 (IANS) India Inc is in favour of investments in equities and mutual funds than in gold to improve the balance of payments (BoP) and reduce the ... Read more...

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RBI ticks off SBI chairman


August 27th, 2012 - 9:07 pm ICT by IANS
Chennai, Aug 27 (IANS) A senior Reserve Bank of India (RBI) official Monday ticked off the chairman of State Bank of India (SBI) in public, saying he should look ... Read more...

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SBI wants CRR phased out for ‘more efficient’ banking (Lead)


August 23rd, 2012 - 10:38 pm ICT by IANS
Kolkata, Aug 23 (IANS) The country's largest public sector lender, the State Bank of India (SBI) has strongly proposed phasing out of Cash Reserve Ratio (CRR) to make ithe ... Read more...

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SBI favours phasing out of CRR


August 23rd, 2012 - 5:16 pm ICT by IANS
Kolkata, Aug 23 (IANS) The country's largest public sector lender State Bank of India has strongly proposed phasing out of Cash Reserve Ratio (CRR) from the banking system, its ... Read more...

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RBI keeps key rates unchanged, cuts SLR by 1 percent (Roundup)


July 31st, 2012 - 9:32 pm ICT by IANS
Mumbai, July 31 (IANS) The Reserve Bank of India (RBI) Tuesday kept key policy rates unchanged for the second time since June saying lowering them would raise inflationary pressure without ... Read more...

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RBI keeps key rates unchanged as inflation outlook worsens (Lead)


July 31st, 2012 - 2:41 pm ICT by IANS
Mumbai, July 31 (IANS) The Reserve Bank of India (RBI) Tuesday kept key policy rates unchanged for the second time since June, saying lowering them would raise the inflationary pressure.In ... Read more...

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RBI keeps key rates unchanged as inflation persists


July 31st, 2012 - 1:56 pm ICT by IANS
Mumbai, July 31 (IANS) The Reserve Bank of India (RBI) Tuesday kept key policy rates unchanged for the second time since June, saying lowering of rates would aggravate inflationary pressure.In ... Read more...

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Inflation too high, says RBI; defends tight money policy (Lead)


June 19th, 2012 - 10:26 pm ICT by IANS
Mumbai, June 19 (IANS) Reserve Bank of India Governor Duvvuri Subbarao Tuesday said inflation is still above the acceptable level and it cannot be brought down without monetary tightening and ... Read more...

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Inflation still above acceptable levels: Subbarao


June 19th, 2012 - 9:51 pm ICT by IANS
Mumbai, June 19 (IANS) Defending the Reserve Bank of India's decision not to cut key lending rates, Governor Duvvuri Subbarao said Tuesday inflation is still above acceptable levels and ... Read more...

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RBI expected to cut key lending rates to spur growth


June 17th, 2012 - 6:04 pm ICT by IANS
Mumbai, June 17 (IANS) In a bid to spur growth and boost consumer sentiment, India's central bank is expected to cut key lending rates by 25-50 basis points in ... Read more...

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CII moots 10-point agenda for reviving Indian economy (Lead)


June 5th, 2012 - 9:44 pm ICT by IANS
Hyderabad, June 5 (IANS) Industry lobby, the Confederation of Indian Industry (CII) Tuesday mooted a 10-point agenda, including an early introduction of the goods and services tax (GST), to revive ... Read more...

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CII moots 10-point agenda for reviving Indian economy


June 5th, 2012 - 7:26 pm ICT by IANS
Hyderabad, June 5 (IANS) Industry lobby, the Confederation of Indian Industry (CII) Tuesday mooted a 10-point agenda to revive India's economic growth through reforms and governance.The CII national council, which ... Read more...

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Interest rates to go down but not immediately, say top banks


April 17th, 2012 - 6:23 pm ICT by IANS
New Delhi, April 17 (IANS) The Reserve Bank of India's (RBI) move Tuesday to cut key rates for the first time in three years by a sharp 50 basis ... Read more...

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RBI may cut key lending rates by 25 basis points


April 16th, 2012 - 4:21 pm ICT by IANS
Mumbai, April 16 (IANS) India's central bank is expected to cut key lending rates by about 0.25 percent or 25 basis points, thereby releasing more funds in the economy, ... Read more...

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Might see further slash in CRR by RBI: HSBC (Lead)


April 13th, 2012 - 12:45 am ICT by IANS
Kolkata, April 12 (IANS) British banking company HSBC Thursday said it is expecting a slash in cash reserve ratio (CRR) during the Reserve Bank of India (RBI)'s credit policy announcement ... Read more...

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CRR slash a cause for worry: HSBC


April 13th, 2012 - 12:00 am ICT by IANS
Kolkata, April 12 (IANS) The British banking company, HSBC Thursday said it is expecting a slash in cash reserve ratio (CRR) during the Reserve Bank of India (RBI)'s credit policy ... Read more...

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RBI governor meets Mukherjee ahead of policy review


April 3rd, 2012 - 7:15 pm ICT by IANS
New Delhi, April 3 (IANS) Reserve Bank of India Governor D. Subbarao Tuesday met Finance Minister Pranab Mukherjee to discuss the macro-economic situation, two weeks ahead of the monetary ... Read more...

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RBI mid-quarter policy review highlights


March 15th, 2012 - 1:28 pm ICT by IANS
Mumbai, March 15 (IANS) Highlights of the Reserve Bank of India (RBI) mid-quarter review of monetary policy announced Thursday:- Key policy rates kept unchanged: repo rate remains steady at 8.5 ... Read more...

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Inflation still a concern for RBI as rates left unchanged (Lead)


March 15th, 2012 - 1:24 pm ICT by IANS
Mumbai, March 15 (IANS) Containing inflation remains the foremost priority for the Reserve Bank of India (RBI), which decided Thursday to keep key interest rates unchanged in its mid-quarter ... Read more...

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Reserve Bank of India keeps rates unchanged


March 15th, 2012 - 12:50 pm ICT by IANS
Mumbai, March 15 (IANS) In line with expectations, the Reserve Bank of India (RBI) Thursday decided to keep key interest rates unchanged in its mid-quarter monetary policy decision."On the basis ... Read more...

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Markets quiet before monetary policy announcement


March 15th, 2012 - 12:34 pm ICT by IANS
Mumbai, March 15 (IANS) Indian equities markets were trading quiet Thursday with investors eyeing the Reserve Bank of India's monetary policy decision due at 11 a.m. A benchmark index ... Read more...

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Industrial output rebounds in January, grows at 6.8 percent


March 12th, 2012 - 2:05 pm ICT by IANS
New Delhi, March 12 (IANS) Helped by a robust show by the manufacturing sector, especially consumer goods, India's industrial output in January expanded at a fast paced 6.8 percent when ... Read more...

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India’s central bank frees more money for credit (Lead)


March 9th, 2012 - 9:44 pm ICT by IANS
Mumbai, March 9 (IANS) In a bid to free more money for commercial banks to lend, India's central bank Friday cut a key rate that determines the amount of ... Read more...

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India’s central bank frees more money for credit


March 9th, 2012 - 7:55 pm ICT by IANS
Mumbai, March 9 (IANS) In a bid to free more money for commercial banks to lend, India's central bank Friday cut a key rate that determines the amount of ... Read more...

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‘High interest rates hurting manufacturing growth’


February 24th, 2012 - 8:14 pm ICT by IANS
New Delhi, Feb 24 (IANS) The Reserve Bank of India (RBI) needs to significantly lower interest rates to revive investments and boost manufacturing growth, the National Manufacturing Competitiveness Council said ... Read more...

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Indian markets rally for the fifth straight week (Weekly market review)


February 4th, 2012 - 3:50 pm ICT by IANS
Mumbai, Feb 4 (IANS) Indian equities markets rallied for the fifth consecutive week with investors buoyed by the hope that the economy could shrug off the sluggishness of the ... Read more...

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Indian economy will grow 7-7.5 percent in 2011-12: PM


February 3rd, 2012 - 2:46 pm ICT by IANS
New Delhi, Feb 3 (IANS) India's economic growth will decline in the range of 7-7.5 percent in the current financial year ending March 31 as compared to 8.4 percent ... Read more...

Posted in Uncategorized |

Sensex closes January with 11 percent gain, best in 16 months (Roundup)


January 31st, 2012 - 7:10 pm ICT by IANS
Mumbai, Jan 31 (IANS) A benchmark index for Indian equities rallied 336 points to close January with a whopping 11.24 percent gain -- the best monthly performance since September ... Read more...

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RBI for more open market operations


January 30th, 2012 - 11:52 pm ICT by IANS
Chennai, Jan 30 (IANS) India's central bank is open to more open market operations to address the issue of liquidity, said a senior official Monday."We are open to more open ... Read more...

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Allahabad Bank not yet looking at interest rates cut: Official


January 30th, 2012 - 11:34 pm ICT by IANS
Kolkata, Jan 30 (IANS) Kolkata-based Allahabad Bank Monday said it is not yet looking at slashing interest rates."I do not think the time has come as yet (to reduce interest ... Read more...

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