The RBI is in talks to relieve banks of CRR (Cash Reserve Ratio) and SLR (Statutory Liquidity Ratio) obligations with regard to infrastructure funding This might work well with for Narendra Modi’s government as the BJP has promised 100 new cities and high speed bullet trains and so on “Today, the investment needs of the economy, especially long-term investment in areas like … [Read more...] about RBI may ease norms for infrastructure funding
CRR (Cash Reserve Ratio)
RBI’s Bi-Monthly Policy Statement Delivers Big News
RBI’s bi-monthly statement released in March contained developmental and regulatory issues critical for the financial sector. These were otherwise only discussed in annual and half-yearly policy statements. The question that arises is whether the RBI had any scope to change the repo rate during the time of elections when the govt is prevented from making any policy … [Read more...] about RBI’s Bi-Monthly Policy Statement Delivers Big News