Showing posts with label crr. Show all posts
Showing posts with label crr. Show all posts

Monday, 18 June 2012

RBI left interest rates and the cash reserve ratio (CRR) unchanged on Monday

The RBI left interest rates and the cash reserve ratio (CRR) unchanged on Monday, defying widespread expectations for a rate cut and warning that relaxing policy could worsen inflation. Bonds, stocks and the rupee all fell.