Through this Blog i try my best to post my thought on the latest developments in India and around the World on Economic,Financial, Legal and Regulatory developments
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Monday, July 30, 2012
RBI Monetary Policy _ Brief highlights
RBI Monetary policy highlights :-
CRR unchanged at 4.75%
No change in Repo(8%)/ Reverse repo rate (7%)
SLR cut to 23% from 24%
GDP growth projection lowered to 6.5% from 7.3% and
WPI inflation projection for Mar 2013 increased to 7% from 6.5%
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