|
#1
22nd September 2012, 09:29 AM
| |||
| |||
| Rbi Policy Announcement
I am consumer of RBI I heard that new policy have announced I want to know about latest policy announcement can you tell me about latest policy announcement?
|
|
#2
22nd September 2012, 05:43 PM
| |||
| |||
| Re: Rbi Policy Announcement
As on date 20th September 2012, as per my knowledge. The RBI left the policy repo rate at 8 percent, in line with expectations in a Reuter’s poll on Friday before the government unexpectedly announced measures to allow foreign direct investment in industries including supermarkets and airlines. The RBI cut the cash reserve ratio, the share of deposits banks must keep with the central bank, by 25 basis points to 4.5 percent in a move it said would inject about 170 billion rupees of liquidity into the banking system. |
| |