81 Tests, 2019 Articles
and counting ...

Mid-Qtr RBI Review: Key Rates Unchanged; Markets Not Happy

PUBLISHED BY: SURENDER KUMAR
DECEMBER 18, 2012

   
  submit to reddit   Delicious   Digg   LinkedIn  

 

 

 

 

The RBI has maintained the key rates at its mid-quarter review of monetary policy this morning. The Governor also chose to leave the cash reserve ratio, or the amount that banks park with the central bank, undisturbed at 4.25 % of their deposits. It is a clear indicatrion of the RBI's concerns over inflation not showing any signs of easing in near future.

 

 

 

 

 


The Repo Rate remains unchanged at 8 % while the reverse repo rate also remains unchanged at 7 %.

 




ARCHIVES -- CURRENT AFFAIRS

Tell Us About gkmine.com

We Listen ...


Fortnightly Contest


... WIN Exciting Prizes ...

item-pointer Coming Soon ...

... Previous Winners ...