RBI Monetary Policy Review -Dec 2012

Monetary and Liquidity Measures On the basis of the current macroeconomic assessment, it has been decided to: keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.25 per cent of their net demand and time liabilities; and keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 8.0 per cent. … Read more RBI Monetary Policy Review -Dec 2012

RBI leaves repo rate on hold, cuts CRR RBI Policy 2012 full text

Introduction Over the last quarter, policymakers around the world have confronted increasingly difficult challenges. Globally, even as the growth momentum has slowed, governments have had to manage the balance between fiscal consolidation and growth stimulus amidst visible signs that the two objectives are in conflict with each other. As the advanced economies (AEs) deal with … Read more RBI leaves repo rate on hold, cuts CRR RBI Policy 2012 full text