Page-3 of Interest rate
A look into recent RBI decisions
The Reserve Bank of India’s third quarter recapitulation of monetary policy was devoid of major surprises. The only change in monetary policy instruments was a cut in the Cash Reserve Ratio (CRR) by 0.50% point to 5.5%. This decision will ..
Month: Current Affairs - February, 2012
Shyamala Gopinath panel recommendations
The Government has recently accepted the recommendations of former RBI deputy governor Shyamala Gopinath panel which would help investors earn higher interest on small savings schemes such as public provident fund and post office deposits. The schemes are now under ..
Month: Current Affairs - January, 2012
Category: Government Schemes Current Affairs
End of Regulated Interest Rates Era
Recently, the Reserve Bank of India has completely deregulated the interest rates. The Interest on Savings Banks Account was the last administered pricing imposed by the banking regulator and now the savings bank account interest rates have been deregulated. This ..
Month: Current Affairs - December, 2011
Current Affairs : June 16, 2011
Short term lending and borrowing rates hiked by 25 basis points by the RBI The RBI raised the RR (Repo Rate) and the RRR (Reverse Repo Rate) by 25 basis points This was to combat inflation RR raised to 7.5% ..
Month: Current Affairs - June, 2011
Category: Government Schemes Current Affairs
Current Affairs 2009 Business & Finance Mini Current Affairs
September 22, 2009: ADB projects China’s Growth 8.2 percent in 2009September 19, 2009: Irda setting up database of insured vehiclesSeptember 17, 2009: Japanese loan for Railway freight corridorSeptember 15, 2009: 64 ‘multi-function stations’ of Indian RailwaysSeptember 8, 2009: SEWA Bank ..