CRR

Mumbai, June 2 (IANS): Giving in to overwhelming demands for an easing of the monetary policy, the Reserve Bank of India (RBI) on Monday lowered its short-term lending rate by 25 basis points in a move that could potentially reduce the cost…

India's central bank, RBI on Tuesday kept its key policy rates and the reserve ratios unchanged in line with the predictions, while awaiting more robust data on inflation and action from commercial banks to soften their cost of credit to…

The Reserve Bank of India (RBI) in its sixth bi-monthly policy review Tuesday decided to keep key interest rates unchanged. "We have maintained the status quo (on interest rates). We have taken action on other fronts," Reserve Bank Governor…

Following the Reserve Bank of India's (RBI) unscheduled rate cut in January, expectations of another cut remain more subdued going towards the central bank's policy review scheduled for Tuesday. RBI Governor Raghuram Rajan in mid-January…

The Reserve Bank of India (RBI) has brought huge cheer to the market and investors by cutting the repo rate by 25 basis points, but kept the CRR (Cash Reserve Ratio) unchanged at 4%. The repo rate now stands at 7.75%. Raghuram Rajan, RBI…