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Corporates want RBI to slash repo rate
New Delhi, Apr 15 (IBNS) With industrial production growing at much lower rate than expected, an overwhelming majority of corporates say the Reserve Bank of India (RBI) should cut repo rate by 100 basis points to reduce the cost of borrowings and spur fresh investments, according to a just-concluded survey by industry chamber ASSOCHAM.The repo rate (the rate at which banks borrow money from the RBI)
New Delhi, Apr 15 (IBNS) With industrial production growing at much lower rate than expected, an overwhelming majority of corporates say the Reserve Bank of India (RBI) should cut repo rate by 100 basis points to reduce the cost of borrowings and spur fresh investments, according to a just-concluded survey by industry chamber ASSOCHAM.The repo rate (the rate at which banks borrow money from the RBI)
Financial regulatory structure riddled: ASSOCHAM
New Delhi, Apr 13 (IBNS) With overlapping and ambiguous jurisdictions, the Indian regulatory structure in financial sector is one of the most complex worldwide and needs radical reforms on a priority basis, industry body ASSOCHAM said on Friday.
New Delhi, Apr 13 (IBNS) With overlapping and ambiguous jurisdictions, the Indian regulatory structure in financial sector is one of the most complex worldwide and needs radical reforms on a priority basis, industry body ASSOCHAM said on Friday.
Industrial growth not good enough: ASSOCHAM
New Delhi, Apr 12 (IBNS) Industry body ASSOCHAM said the 4.1 per cent growth in industrial output is not good enough to push the cumulative growth of the sector beyond 3.5 percent since April 2011.
New Delhi, Apr 12 (IBNS) Industry body ASSOCHAM said the 4.1 per cent growth in industrial output is not good enough to push the cumulative growth of the sector beyond 3.5 percent since April 2011.
Bankers hope for interest rate cuts by RBI
New Delhi, Apr 12 (IBNS) Leading bankers on Thursday hoped the Reserve Bank of India (RBI) will lower interest rates in its forthcoming monetary policy review to help ease credit flow to micro, small and medium enterprises (MSMEs) as high cost of funds in the past two years has dented their competitiveness.
New Delhi, Apr 12 (IBNS) Leading bankers on Thursday hoped the Reserve Bank of India (RBI) will lower interest rates in its forthcoming monetary policy review to help ease credit flow to micro, small and medium enterprises (MSMEs) as high cost of funds in the past two years has dented their competitiveness.
New Attari post to treble India-Pak trade
Integrated system to open tomorrow, study senses boost in annual trade from $2.6 billion to $8 billion in two years
Integrated system to open tomorrow, study senses boost in annual trade from $2.6 billion to $8 billion in two years
"India, Pak trade to reach $ 8 bn with MFN status"
New Delhi, Apr 11 (IBNS) Opening up of the integrated check post at Attari-Wagah border and Pakistan's granting the Most Favoured Nation (MFN) status to India can increase the bilateral trade to eight billion dollars a year in the next two years from the current level of 2.6 billion dollars, according to a study released today by industry chamber ASSOCHAM.
New Delhi, Apr 11 (IBNS) Opening up of the integrated check post at Attari-Wagah border and Pakistan's granting the Most Favoured Nation (MFN) status to India can increase the bilateral trade to eight billion dollars a year in the next two years from the current level of 2.6 billion dollars, according to a study released today by industry chamber ASSOCHAM.
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