Liquidity Adjustment Facility – Repo and Reverse Repo Rates RBI/2010-2011/501 FMD.MOAG. No.58/01.01.01/2010-11 May 3, 2011 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity
RBI raises policy rates by 50 basis points In a bid to check inflation, Reserve Bank on Tuesday raised its short term lending (repo) rate by 50 basis points to 7.25 per cent, while lowering the economic growth projection to 8 per cent for the cu
Salient Points of Strategy for Doubling Exports in next Three Years (2011-12 TO 2013-14) THE TARGET The target is to double the country’s merchandise exports in dollar terms over the next three years (2011-12 to 2013-14) from US $ 246 bi
Monetary Policy Statement 2011-12 By Dr. D. Subbarao Governor Introduction The Annual Policy for 2011-12 is set in conditions significantly different than they were a year ago. Last year’s policy was made in an environment of incipient
FCRA Comes into Force W.E.F May 2011 Foreign Contribution Regulation Act (FCRA) 2010 has been notified and it has come into force with effect from 1/5/2011. FCR Rules 2011 have also come into force from 1/5/2011. Key features of FCRA 2010 incl
Macroeconomic and Monetary Developments in 2010-11 The Reserve Bank of India today released the Macroeconomic and Monetary Developments in 2010-11. The document serves as a background to the Monetary Policy Statement 2011-12 to be announced on M
ICAI e-Journal (May 2011)
President's Message - May 2011 It is heartening and satisfying to observe that we have always ranked integrity as one of the most fundamental requirements of our profession. All stakeholders of the profession abide by this fundamental
Deregulation of Savings Bank Deposit Interest Rate : A Discussion Paper Introduction As a part of financial sector reforms, the Reserve Bank has deregulated interest rates on deposits, other than savings bank deposits.
Clarifications on the Report on Tapping of Telephones There have been a number of articles on the Cabinet Secretary’s report regarding tapping of telephones which appeared in some section of the media. It is important that the correct fact