Highlight Credit Policy – For the year Q1 2008-09

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.

Advertisements
Tagged

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: