Second Quarter Review of Monetary Policy 2009 -10
Published By: RBI on eSS | Published Date: October, 27 , 2009The repo rate has been kept unchanged at 4.75%. The reverse repo rate left steady at 3.25%. The bank rate has been retained unchanged at 6.0%. The cash reserve ratio (CRR) of scheduled banks has been retained unchanged at 5% of their net demand and time liabilities (NDTL). Statutory liquidity ratio (SLR) for scheduled commercial banks has been hiked by 100 basis points to 25%.
Author(s): D Subbarao | Posted on: Oct 27, 2009 | Views(1559) | Download (584)