RBI POLICY AND TODAY STOCK CALLS
Posted: Thu Sep 19, 2013 10:17 pm
RBI reduced the marginal standing facility rate by 75 basis points to 9.5% from 10.25% with immediate effect. The measure was taken to tighten liquidity and arrest volatility in the foreign exchange market.
RBI reduced minimum daily maintenance of the cash reserve ratio from 99% of the requirement to 95%. RBI said that any further change in the minimum daily maintenance of the CRR is not contemplated.
get more about RBI policy and intraday trading calls click on tomorrowstocktips-india
RBI reduced minimum daily maintenance of the cash reserve ratio from 99% of the requirement to 95%. RBI said that any further change in the minimum daily maintenance of the CRR is not contemplated.
get more about RBI policy and intraday trading calls click on tomorrowstocktips-india