Credit Policy -Q1 2008-09
To know more about it visit RBI website : http://www.rbi.org.in/scripts/Annualpolicy.aspx
Highlights:
The Bank Rate has been kept unchanged at 6.0 per cent.
LAF unchanged at 6.0 per cent.
Repo Rate 9.0 per cent.
The CRR of scheduled banks is currently at 9.0 per cent.
The Mid-Term Review of the Annual Policy Statement for the year 2008-09 will be announced on October 24, 2008.
Engineer's Finance 