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CRR cut: Banks may not reduce EMIs 2012-01-25 06:26:09
However, a few like Oriental Bank of Commerce Executive Director S C Sinha said the CRR cut would "definitely lead to reduction in interest rates." Chairman of the Prime Minister's Economic Advisory Council and former RBI Governor C Rangarajan said...
Keywords: cash reserve ratio, CRR cuts, Dena Bank, improvement in liquidity condition
Read MoreDeregulate diesel prices: RBI to Government 2012-01-25 06:50:34
While petrol prices are market-linked, the government decides the rates of LPG, kerosene and diesel, which usually results in a large budgetary expenditure on subsidies. The Reserve Bank today said the government should deregulate diesel prices in order to contain...
Keywords: Cash Reserve Ratio, suppressed inflation, Reserve Bank, LPG
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