Aug 14, 2014 at 18:54 | Source: CNBC-TV18
Finance ministry sources say every week, the government will cut borrowing by Rs 2,000 crore, so from April to September, the Centre will borrow Rs 16,000 crore less than Budget estimates.
Aug 06, 2014 at 18:45 | Source: Moneycontrol.com
In third Bi-Monthly Monetary Policy Statement, 2014-15, the Reserve Bank of India (RBI) kept the policy rates unchanged except for reducing statutory liquidity ratio (SLR).
Aug 06, 2014 at 17:07 | Source: CNBC-TV18
CNBC-TV18's Latha Venkatesh gives the key takeaways from the RBI's bi-monthly on August 5
Aug 05, 2014 at 19:12 | Source: Moneycontrol.com
The RBI in its third Bi-Monthly Monetary Policy review on 5th Aug 2014 maintained its status quo by keeping the repo and reverse repo rate unchanged at 8% and 7% respectively.
Aug 05, 2014 at 15:59 | Source: Moneycontrol.com
The RBI held the repo rate steady at 8% -- as was widely expected. It announced a 50 bps cut in the SLR to 22% and reduced the HTM (Held to Maturity) ceiling to 24%.These two measures are targeted towards improving liquidity in the economy and in turn expand credit to productive sectors, says CRISIL.
Aug 05, 2014 at 13:30 | Source: CNBC-TV18
The RBI also lowered the statutory liquidity ratio (SLR) by 0.5 percent to 22 percent effective from August 9.
Aug 05, 2014 at 11:05 | Source: CNBC-TV18
The RBI also lowered banks' minimum bond holding requirements, known as the statutory liquidity ratio (SLR), by half a percentage point to 22.0 percent to free up more money for lending, effective from Aug. 9.
Aug 05, 2014 at 08:49 | Source: CNBC-TV18
Watch the interview of Arun Kaul, chairman of UCO Bank and Manish Wadhawan MD & HD- interest rates, HSBC India with CNBC-TV18 Latha Venkatesh and Sonia Shenoy where they talk about their expectations from the monetary policy.
Aug 04, 2014 at 18:22 | Source: Moneycontrol.com
RBI is expected to keep repo rate and CRR unchanged in its forthcoming credit policy review on 5th August 2014. ASLR cut, though not expected, may not matter as banks continue to hold the same in excess. However, RBIs efforts to ease liquidity through the term repo window shall continue, says CARE Ratings.
Aug 04, 2014 at 16:42 | Source: CNBC-TV18
All eyes are set on Reserve Bank of India's monetary policy scheduled on Tuesday. Economists expect no change in policy rates but they see some change in liquidity norms.