India Inflation : WPI March 2010
Apr 16th
The WPI for the month of January stood at 9.90% against 1.20% in the corresponding month of the last year. The same figure posted 9.89% in the previous month. The figure released was below market expectationswhich was pegged at around 10.37%
The figure registered increased at the fastest pace in 17 months, driven by higher food [...]
RBI Raises Repo, Reverse Repo Rates
Mar 23rd
Before getting into the details, let us first understand -
What is Repo Rate?
Definition of Repo Rate: Whenever the banks have any shortage of funds they can borrow it from RBI. Repo rate is the rate at which commercial banks borrow rupees from RBI. A reduction in the repo rate will help banks to get money [...]
Monetary Policy and Credit Policy
Oct 28th
The Reserve Bank of India announced its second quarter review of monetary/credit policy. Despite the fact that most of the key rates policy rates remained unchanged as expect, the benchmark indices corrected by around 2% with the banking and real estate sectors plummeting the most. This is mainly because of the fact that the policy [...]
