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Rbi monetary policy News
RBI keeps key interest rates unchanged Mumbai, Dec 16 (IBNS) Putting a brake on its tightening monetary policy, the Reserve Bank of India in its mid quarterly review kept key interest rates unchanged on Friday, saying that based on the projected inflation trajectory, further rate hikes might not be warranted.On the basis of the current macroeconomic assessment, it has been decided to keep the cash reserve ratio (CRR) unchanged at 6 per
SBI, ICICI Bank raise base rates by 50 bps to 10%
The country's top two banks, State Bank of India (SBI) and ICICI Bank, on Thursday announced 50-basis point increases in their minimum lending rates, or base rates, to 10 per cent. The rate rises
'India's inflation worries must not be seen in isolation'
India’s ongoing inflation-related worries must not be seen in isolation. Instead, it is a challenge being faced by several emerging economies, the finance ministry’s chief economic
Lending rates not to go up: ICICI
India Inc disappointed at CRR hike
New Delhi: Unhappy over the RBI's more than expected 75 basis point hike in CRR to squeeze money supply, India Inc on Friday cautioned that economic growth will be hit if accommodative monetary
Bankers see no reason for immediate hike in lending rates
Retail and corporate borrowers can breathe easy as bankers today said an immediate hike in lending rates is unlikely even as the RBI tightened money supply by raising the CRR by 75 basis points. |
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