rbi move

Indian economy to grow 6 to 6.5 percent in 2012-13: Montek


July 31st, 2012 - 3:39 pm ICT by IANS
New Delhi, July 31 (IANS) Indian economy is expected to grow by 6 to 6.5 percent in the current financial year and would take at least two years to reverse ... Read more...

Posted in Business |

Indian equities end in positive amid volatile trading (Weekly market review)


September 17th, 2011 - 3:42 pm ICT by IANS
Mumbai, Sep 17 (IANS) Indian equities markets ended the week with marginal gains amid volatile trading as investors shrugged off the 12th successive rate hike by the Reserve Bank ... Read more...

Posted in Business |

Rate hike will hurt growth, feels India Inc


July 26th, 2011 - 7:26 pm ICT by IANS
New Delhi, July 26 (IANS) Disappointed over the Reserve Bank of India's decision to hike policy rates for the 11th time in 15 months, India Inc warned Tuesday that ... Read more...

Posted in Business |

NCP atacks Congress over MSC Bank imbroglio


May 13th, 2011 - 2:04 am ICT by IANS
Mumbai, May 13 (IANS) The Nationalist Congress Party launched a no-holds barred attack on alliance partner, Congress over the recent RBI move to supersede the Maharashtra State Cooperative Bank ... Read more...

Posted in Politics |

Key Indian equities index sees biggest fall ever (Second lead)


October 24th, 2008 - 5:15 pm ICT by IANS
Mumbai, Oct 24 (IANS) Indian equities markets Friday were in the midst of complete mayhem with ruthless selling by foreign institutional investors sending a key equities index into its biggest fall ever ... Read more...

Posted in Business |

PNB slashes interest rate, bankers welcome CRR cut


October 16th, 2008 - 12:01 am ICT by IANS
Mumbai, Oct 15 (IANS) The state-run Punjab National Bank Wedensday night decided to reduce interest rates on housing and car loans by 50 basis points after the Reserve Bank of India slashed ... Read more...

Posted in Uncategorized |

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...

Posted in Business |

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...

Posted in Business |

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