Welcoming the RBI's mid-term review of credit policy, Chidambaram said the hike in repo rate would ensure moderate growth in bank credit and would not impact interest rates. Read on
What is monetary policy?
A macroeconomic policy tool used to influence interest rates, inflation, and credit availability through changes in the supply. View Slideshow
Inflation
pressures continue to remain despite the recent growth momentum.
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more.
Banks get more time to implement Basel-II norms. The extended deadline will enable banks to ensure full compliance. Check out
Why Monetary and Credit Policy? The world of finance is a maze of jargons. Read on.