The bill was introduced by Sports Minister Anurag Thakur amid protests by the opposition over the Lakhimpur Kheri violence.
The BCCI had for long strongly resisted coming under the ambit of NADA even though their samples collected by International Dope Tests & Management (IDTM) of Sweden was tested at the NDTL.
"Excess CRR requirement will additionally cost the banking system Rs 1,050 crore on a monthly basis," India Ratings and Research said in a note here today.
After banning legal tender status of Rs 500 and Rs 1,000 notes since November 8, there has been a huge surge in banks' deposits. To reduce that surplus liquidity available with the banking system, the Reserve Bank of India, on last Saturday, announced temporary measures by applying an incremental cash reserve ratio.
Angel Broking has come out with its review on Monetary Policy. "RBI cuts repo rate by 50bp; but cautious on inflation", says the report.
In the monetary review, RBI has maintained status quo position on all policy rates. Inflationary concerns appears to be the driving factor though the RBI has stated that the rate will remain below 6% by January based on current expectations. Expect 25 bps cut in Q3 of the year, says CARE Ratings.
CARE Ratings has come out with its report on RBI's Monetary Policy. The rating agency foresee a 50 basis points cut in the repo rate in FY16, the same is unlikely to be seen till June '15, says the report.
CRISIL Research has come out with its review on monetary policy. The research firm expects inflation, which has fallen below the RBI‘s expected trajectory in recent months, to average 5.8% in 2015-16. "RBI stands pat even as policy transmission stays sluggish", says the report.
CRISIL Research has come out with its opinion on Monetary policy. "RBI's surprise cut shows sustainability of disinflationary trend", says the research firm.
CARE Ratings expects RBI to reverse its policy stance by lowering the repo rate in the next policy in February 2015 and start reducing the repo rate by 25 bps to begin with.
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.
ICRA has come out with its comment on RBI's second quarter review of monetary policy 2013-14. The research firm believes that, the RBI could increase the Repo rate again by 25 bps during the second half but provide liquidity using other monetary tools at its disposal.
N Kamakodi, MD & CEO, says since the bank has always been neutral on short-term borrowing, the hike in term repos of 7-day and 14-day tenor from 0.25 percent of NDTL of the banking system to 0.5 percent does not impact them.
The move is part of the calibrated withdrawal of exceptional measures undertaken by the apex bank and is aimed at improving liquidity in the system.
ICRA expects the RBI to intervene and address tightness in systemic liquidity in the next quarter through open market operations (OMOs) as the Central Bank ruled out any further relaxation in the daily CRR requirement.
The Reserve Bank of India‘s (RBI‘s) surprise 25bps repo rate hike to 7.50 percent on September 20 policy meeting indicates that the new RBI governor is focusing more on inflation than growth.
The Reserve Bank of India (RBI) on clarified further on its earlier measure, aimed at reducing bank financial losses due to fall in bond yields.
Reserve Bank Governor D Subbarao today said liquidity squeeze is likely to be "less uncomfortable" in the coming months as the government starts spending.
At the onset of the new financial year (2013-14), bank borrowings from RBI dropped sharply on Thursday to about Rs 52,100 crore as against a high of Rs 1.75 lakh crore recorded on March 28, FY13. The new low is also below the central bank's comfort zone for liquidity currently stood at around Rs 68,000.
Economic gloom is behind but way to go to build hope for recovery. The Finance Minister is expected to set an ambitious target/FY14 estimate of around 6.5% deriving comfort from possible global economic recovery and adequate inflow of external capital and liquidity, says Moses Harding, IndusInd Bank.
CARE Ratings has come out with its report on "third quarter monetary policy review-FY13". According to the rating agency, the reduction in CRR will induce liquidity and alleviate the present liquidity strain in the system and provide more funds to banks which will enable them to lower their interest rates.
The Central Bank is expected to ease liquidity in the near term through open market operations and likely to reduce the repo rate in the January 2013 policy: Naresh Takkar, MD & CEO, ICRA Ltd.
CARE Ratings has come out with its report on "Monetary Policy Review - Q1 FY13". As per the rating agency, 50 bps reduction may be expected during the H2 FY13 provided inflation moves down.
Moses Harding's view on currencies, equities and commodities. In the curriencies, USD/INR is getting into kind of stability. EUR/USD met our short term objective at 1.22-1.18.
CRISIL Research has come out with its report on RBI's monetary policy review. According to the research firm, liquidity is expected to remain tight as the government is likely to borrow about Rs 150-180 billion from the market on a weekly basis.