liquidity situation

India’s central bank keeps key lending rates unchanged (Fourth Lead)


June 18th, 2012 - 3:32 pm ICT by IANS
Mumbai, June 18 (IANS) In a bid to control high inflation, the Reserve Bank of India (RBI) Monday kept key lending rates unchanged but said it is ready to provide ... Read more...

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India’s central bank keeps key lending rates unchanged (Third Lead)


June 18th, 2012 - 1:42 pm ICT by IANS
Mumbai, June 18 (IANS) In a bid to control high inflation, the Reserve Bank of India (RBI) Monday kept key lending rates unchanged, but said it is ready to provide ... 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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United Bank of India’s Q3 net up by 38.5 percent


January 31st, 2012 - 9:12 pm ICT by IANS
Kolkata, Jan 31 (IANS) Public sector lender United Bank of India Tuesday reported a 38.5 percent jump in its net profit in the quarter ended Dec 31, 2011 to Rs.2.26 ... Read more...

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CRR cut will ease liquidity problems, says Pranab


January 24th, 2012 - 7:57 pm ICT by IANS
New Delhi, Jan 24 (IANS) The Reserve Bank of India's (RBI) decision to cut the cash reserve ratio (CRR) by half a percentage point will help ease the liquidity ... Read more...

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Shifting focus to growth, RBI infuses Rs.320 bn into system (Roundup)


January 24th, 2012 - 7:34 pm ICT by IANS
Mumbai, Jan 24 (IANS) Departing from its two-year-old tough monetary policy, India's central bank released Rs.32,000 crore (Rs.320 billion/$6 billion) into the country's banking system to incrrease liquidity in ... Read more...

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CRR reduction will help ease liquidity problems: India Inc.


January 24th, 2012 - 5:13 pm ICT by IANS
New Delhi, Jan 24 (IANS) The Reserve Bank of India's decision to cut the cash reserve ratio (CRR) by half a percentage point will help ease the liquidity situation and ... Read more...

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Industry worried over further interest rate hikes


January 25th, 2011 - 6:45 pm ICT by IANS
New Delhi, Jan 25 (IANS) Leading industry associations were concerned about more rate hikes by India's central bank following its increase of 25 basis points in short-term interest rates Tuesday, and said ... Read more...

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More measures to improve liquidity, if needed : RBI


December 9th, 2010 - 10:56 pm ICT by IANS
Kolkata, Dec 9 (IANS) The Reserve Bank of India (RBI) Thursday said it will unveil more measures to ease the cash flow into the banking system, but contended that the liquidity shortage ... Read more...

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Action will show impact on inflation in 6-12 months: RBI


August 12th, 2010 - 6:17 pm ICT by IANS
Mumbai, Aug 12 (IANS) The Reserve Bank of India's move on rates and liquidity to tame inflation will show its impact over the next 6 to 12 months, RBI Deputy Governor Subir ... Read more...

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HSBC chief sees no major rate hikes by India’s apex bank


January 20th, 2010 - 6:31 pm ICT by IANS
New Delhi, Jan 20 (IANS) India's central bank may not drastically change the accommodative monetary policy when it revises it Jan 29, but could look at measures to suck excess liquidity from ... Read more...

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Highlights of central bank’s monetary policy review


October 27th, 2009 - 1:50 pm ICT by IANS
Mumbai, Oct 27 (IANS) Following are the highlights of the half-yearly review of India's monetary policy for 2009-10, conducted by Reserve Bank Governor D. Subbarao: - Statutory liquidity ratio hiked to 25 percent ... Read more...

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India’s central bank hikes statutory liquidity ratio


October 27th, 2009 - 1:12 pm ICT by IANS
Mumbai, Oct 27 (IANS) Concerned over creeping inflation, India's central bank Tuesday slightly tightened its monetary policy for this fiscal while retaining most policy rates, with signs of an industrial recovery ... Read more...

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India’s economic revival will be fast: Chanda Kochhar


April 28th, 2009 - 7:03 pm ICT by IANS
New Delhi, April 28 (IANS) The Indian economy will recover "quick and fast", though sectors such as realty and auto will take some to revive, according to ICICI Bank joint managing director ... Read more...

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Worst is not over for Indian economy: Moody’s


March 20th, 2009 - 5:59 pm ICT by IANS
New Delhi, March 20 (IANS) The Indian economy is unlikely to grow more than five percent in 2009 as "the worst of the global economic crisis is yet to come", according to ... Read more...

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Satish Bagrodia takes charge as president of PHD Chamber (Lead)


December 24th, 2008 - 7:49 pm ICT by IANS
New Delhi, Dec 24 (IANS) Winsome Textile Industries chairman Satish Bagrodia Wednesday formally took charge as the president of the PHD Chamber of Commerce and Industry, succeeding L.K. Malhotra.Bagrodia, who was the ... Read more...

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Good cash management is key to growth now: Deloitte


November 15th, 2008 - 8:34 pm ICT by IANS
New Delhi, Nov 15 (IANS) Careful cash management is the key to corporate growth in the current tight liquidity situation as there are now many merger and acquisitions opportunities, according to top ... Read more...

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Expatriate Indians in UAE not hit by global meltdown


November 14th, 2008 - 1:55 pm ICT by IANS
Abu Dhabi, Nov 14 (IANS) Unlike Indian professionals in the US and Europe who are facing uncertain times because of the global financial crisis, expatriates in the United Arab Emirates (UAE) do ... Read more...

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No report of financial crisis affecting Indians in UAE: Envoys


November 13th, 2008 - 8:30 pm ICT by IANS
Abu Dhabi, Nov 13 (IANS) Indian missions in the United Arab Emirates (UAE) have not received any complaint of job losses or delays in salary payment from expatriate Indian workers in this ... Read more...

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There’s scope for more monetary measures: key PM aide


November 11th, 2008 - 2:31 pm ICT by IANS
New Delhi, Nov 11 (IANS) There is still some scope for the Reserve Bank of India (RBI) to take monetary measures to further improve the liquidity situation, a key economic aide to ... Read more...

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Chidambaram meets PSU bank head to review liquidity situation


November 4th, 2008 - 10:15 pm ICT by ANI
New Delhi , Nov 4 (ANI): Union Finance Minister P. Chidambaram met the head of the Public Sector Undertaking (PSU) banks in New Delhi on Tuesday to review the liquidity situation ... Read more...

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Chidambaram meets PSU bank heads to review interest rates


November 4th, 2008 - 2:37 pm ICT by ANI
New Delhi, Nov 4 (ANI): Finance Minister P Chidambaram met top executives of PSU banks today to review the liquidity situation and performance of lenders. The meeting comes a day after ... Read more...

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Cash reserve ratio cut again, Rs.400 bn infused into system


October 15th, 2008 - 9:18 pm ICT by IANS
Mumbai/New Delhi, Oct 15 (IANS) The central Reserve Bank of India (RBI) Wednesday further cut the cash reserve ratio (CRR) by 100 basis points to 6.5 percent to release Rs. 40,000 crore ... Read more...

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Reserve Bank to announce more steps for liquidity: Chidambaram


October 15th, 2008 - 2:15 pm ICT by IANS
New Delhi, Oct 15 (IANS) Reserve Bank of India Governor D. Subbarao is expected to announce more measures to ease the liquidity conditions in the economy after a review meeting with Prime ... Read more...

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Liquidity not a problem: Subbarao (Lead)


October 14th, 2008 - 10:49 pm ICT by IANS
New Delhi, Oct 14 (IANS) Reserve Bank of India (RBI) Governor D. Subbarao Tuesday said that the liquidity problem had been adequately addressed, even as Rs.200 billion ($4.18 billion) was committed for ... Read more...

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India’s liquidity situation comfortable: Reserve Bank


October 14th, 2008 - 9:23 pm ICT by IANS
New Delhi, Oct 14 (IANS) Reserve Bank of India (RBI) Governor D. Subbarao Tuesday said the liquidity situation was comfortable.“The liquidity situation is comfortable. Everything is under control,” Subbarao told reporters after ... Read more...

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India lifts curbs on foreign funds, eases liquidity for banks (Intro Round-up)


October 6th, 2008 - 9:50 pm ICT by IANS
New Delhi, Oct 6 (IANS) India's central bank Monday cut the minimum cash balance for commercial banks against deposits by 50 basis points, even as the market watchdog, the Securities and Exchange ... Read more...

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Reserve Bank reduces cash reserve ratio to 8.5 percent


October 6th, 2008 - 8:53 pm ICT by IANS
New Delhi, Oct 6 (IANS) The Reserve Bank of India (RBI) Monday reduced the cash reserve ratio by 50 basis points to 8.5 percent, bringing cheer to financial circles.The central bank said ... Read more...

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Credit offtake by India Inc excellent: Kamath


July 14th, 2008 - 9:42 pm ICT by IANS
Bangalore, July 14 (IANS) Credit offtake by India Inc during the first quarter (April-June) of this fiscal has been excellent though consumer credit has slowed down, said Confederation of Indian Industry (CII) ... Read more...

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CRR hiked by 50 basis points to check inflation


April 17th, 2008 - 10:15 pm ICT by admin
Mumbai, April 17 (IANS) With India's inflation rate ruling at four-year high, the central bank Thursday increased the cash reserve ratio (CRR) by 50 basis points to suck out excess liquidity out ... Read more...

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