"He who neither hates nor desires, is to be known as one who constantly renounces. For free from dualities, he is easily released from bondage." - Bhagavad Gita V.3
MAIN
YOGA
VEDANTA

 

VEDANTA KESARI
PRABUDDHA BHARATA
PERSONALITIES
PEOPLE AND EVENTS
LIBRARY

 

RUSSIA - INDIA
NEWS AND ANALYSIS
ECONOMICS
TRAVEL
MP3
ARCHIVE
LINKS
CONTACTS
NEWS ARCHIVE
RUSSIAN


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

VEDANTA MASS MEDIAHighlights of India's monetary policy update
 


            

 

 

 

  
             Highlights of India's monetary policy update

 

 

 

             Indo-Asian News Service

 

 

 

      Mumbai, July 28 (IANS) Following are the highlights of the first quarterly update of India's monetary policy for this fiscal, unveiled by Reserve Bank of India Governor D. Subbarao here Tuesday:

 

      * Bank rate retained at 6 percent

 

      * Repo rate unchanged at 4.75 percent

 

      * Reverse repo rate unchanged at 3.25 percent

 

      * Cash reserve ratio unchanged at 5 percent

 

      * Statutory liquidity ratio unchanged at 24 percent

 

      * Inflation forecast hiked to 5 percent from 4 percent

 

      * Negative inflation only a statistical phenomenon

 

      * Balance between liquidity and inflation main concern

 

      * India's growth now forecast at 6 percent with upward bias

 

      * More scope for cutting rates by commercial banks

 

      * Money supply may grow 18 percent this fiscal

 

      * Policy will ensure enough commercial credit


 

 


     Indo-Asian News Service




     Prabuddha Bharata>>>

     Vedanta Kesari>>>

     Vedanta Mass Media>>>




     Kundalini Tantra>>>
     Swami Gokulananda "Some Guidelines to Inner Life">>>

 

 

      

International Yoga Day 21 June 2015
International Yoga Day 21 June 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Яндекс цитирования Rambler's Top100