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Crr rate News
RBI may slash CRR by 25 bps soon With the last date for payment of advance tax drawing closer, pressure is mounting on the Reserve Bank to cut Cash Reserve Ratio (CRR) by at least 0.25 percentage points to improve liquidity in the system.Bankers and analysts believe the RBI intervention may come anytime during the week as the payment of advance tax by companies will be due on December 15. This will result in substantial amount of
Economists see only 25bps tightening on Tuesday
RBI tightens monetary policy more than expected
Bankers see RBI raising key policy rates Tuesday
Faced with the menace of double-digit headline inflation, the Reserve Bank is likely to increase key policy rates by at least 25 basis points in its first quarterly review of the monetary policy on
Economists see RBI further hiking policy rates by 25 bps
With no sign of inflation moderating in the next few months, economists polled by the leading industry body Ficci expect a 0.25 per cent more hike in the policy rates by the Reserve Bank on July 27.On |
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