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CRR cut: Banks may not reduce EMIs 2012-01-25 06:26:09
However, a few like Oriental Bank of Commerce Executive Director S C Sinha said the CRR cut would "definitely lead to reduction in interest rates." Chairman of the Prime Minister's Economic Advisory Council and former RBI Governor C Rangarajan said...
Keywords: EMIs, monthly equated installments, CRR cuts, EMIs
Read MoreRBI hints at another CRR cut 2012-02-22 07:32:10
The mid-quarter review of the monetary policy is scheduled for March 15 and it is widely expected that one more CRR cut can be on the anvil. Deputy Governor Subir Gokarn said the Reserve Bank will "consider" a further cut...
Keywords: Deputy Governor Subir Gokarn, Subir Gokarn, Reserve Bank, Subir Gokarn
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