| The RBI has not changed the bank rate and the cash reserve ratio in the first quarterly review of Credit Policy presented on July 25, 2006. Catch the highlights here. | ............................................................................................................. | | In a move that may put pressure on housing and other consumer loans, Reserve Bank of India has hiked its short-term lending and borrowing rates by 0.25 per cent.Check out. | | ............................................................................................................. |
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a complete coverage of the quarterly review of Credit Policy
2006-07. Check
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| ............................................................................................................. | | | Interest rates are on the rise. A further hike in sub-prime lending rates and deposit rates is also likely in the near future, analyses Minna Kumar. Check out. | | ............................................................................................................. | | | RBI Governor Y. Venugopal Reddy presented the First Quarter Review of Annual Statement on Monetary Policy for the Year 2006-07 on Tuesday, July 25, 2006.Read full text of his statement | | ............................................................................................................. | | ............................................................................................................. | Statement by Dr. Y.V. Reddy Annual Policy Statement for the Year 2006-07 by Dr. Y. Venugopal Reddy, Governor, Reserve Bank of India. Check out. | | | | | | (Source RBI) (% per annum) | | Item/wk ended | Jan. 2006 | Apr. 2006 | Jul. 2006 | | CRR | 5 | 5 | 5 | | Repo Rate | 6.5% | 6.5% | 7% | | Reverse Repo | 5.5% | 5.5% | 6% | | Bank Rate | 6 | 6 | 6 | | | |