the Reserve Bank of India rised its key policy rates by 50 basis_points

In a shocker proceed, the Reserve Bank of India rised its key policy rates by 50 basis_points nowadays in its 1st quarter review of its fiscal policy.

Consequently, the_repo rate is currently at 8 percent even though the reverse repo_rate is at 7 percent. The marginal_standing area (that is at 100 bps higher than the repo rate) will be at 9%. The rate increases are the 11th consecutive increase since_March 2010.

The market had anticipated a 25 bps increase in this quarter on account of inflationary conditions. Nevertheless, bankers had appealed to the RBI a week ago to keep its hiking cycle due to a slight slack in credit development and lower industrial_output in May. The RBI did not oblige.

Be Sociable, Share!
Tags:

Stock Market Basics For Beginners

Available Information Sources For Investment

Available Information Sources For Investment Internet Newspapers Advisory (expert analyst) Services Government publications Business Periodicals The Internet provides a lot of information about shares and other investment alternatives.  Available information can range from simple ...…

Definition for Share

Definition for Share The Certificates representing one unit of ownership in a mutual fund, corporation and limited partnership, the share has a certain declared face value, ...…

Reason For Company Issue Shares To The Public

Reason For Company Issue Shares To The Public Most firms are generally began privately through their promoter(s). However, the promoters capital and also the borrowings from financial institutions as well as banks may ...…

How To Make Profit From Market Corrections

How To Make Profit From Market Corrections The term "market correction" can instill fear into some stock market investors. For others, a correction means fresh share buying opportunities. Correction is a realistic scenario ...…

Mean For Preferential Issue

Mean For Preferential Issue A Preferential issue is an issue of stocks or of convertible securities through listed firms to a select number of person's under Section 81 of ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics