RBI has changed no rates. CRR remains at 4%, SLR is stagnant and repo/reverse rates are at 8%/7%. The important paragraph is this: 18. Still weak demand and ...
The RBI has released guidelines for Payment Banks. This is fantastic because it means some competition to regular banks who have become bloated, unweildy and ...
The Food Corporation of India (FCI) has asked the State Trading Corporation (STC) to import rice upto 10,000 tonnes per month, to meet the need for the Public ...
