Archive for November 2nd, 2008
Comments of Chanda Kochhar, Jt MD, ICICI Bank on RBI move
The reduction in SLR, CRR and REPO are welcome measures to meet the objectives of maintaining adequate liquidity and financial stability as well as conditions conductive to economic growth. The fundamentals in Indian economy and banking sector are strong and these measures will help banking sector to play its role of financial intermediation and will [...]
RBI cuts Repo Rate, SLR and CRR, CII Strongly Welcomes RBI Measures
Additional Liquidity Injection Using Multiple Channels Welcome: CII
Mitigating Systemic Risks in NBFCs and MFs Very Important: CII
Reserve Bank of India has today announced cut in cash reserve ratio, SLR and Repo Rate to inject more liquidity in the system.
Congratulating the RBI for displaying great agility, in announcing a slew of measures to inject liquidity, cut [...]