With the system with liquidity crisis, because the expenses on credit advances and the station occupied the RBI, in its review of credit policy steps in Rs 48.000 crore pump are announced, even if set to protect against inflation.
He says that prices remain a major concern because of rising demand and high global commodity.
Meanwhile, the Fed keeps short-term borrowing and lending rates (pension and PRA) and the mandatory deposit requirement for banks, CRR (cash reserve ratio) unchanged.
This measure is intended to promote the most banks keep their interest rates.
Meanwhile, the market's announcement with a pinch of salt to the mandate of the Madrid stock trading exchange Sensex index of less than 50 points to 19,594.83 during intraday trading.
The rate sensitive sectors like banks, real estate, blended with 0.47 per cent and trade Bankex the highest rate at 0.03 percent on real estate.
The action taken was a day that the rise in food prices, rose to 9.46 percent for the week ending 4 exclude 8.60 percent in December before a week, and the central bank to the possibility that the rate of increase are the general prices of their projections of 5.5 percent in March and ends.
Rising gasoline prices are also expected inflationary pressures.
However, inflation declined steadily and stood at 7.48 percent in November.
He says that prices remain a major concern because of rising demand and high global commodity.
Meanwhile, the Fed keeps short-term borrowing and lending rates (pension and PRA) and the mandatory deposit requirement for banks, CRR (cash reserve ratio) unchanged.
This measure is intended to promote the most banks keep their interest rates.
Meanwhile, the market's announcement with a pinch of salt to the mandate of the Madrid stock trading exchange Sensex index of less than 50 points to 19,594.83 during intraday trading.
The rate sensitive sectors like banks, real estate, blended with 0.47 per cent and trade Bankex the highest rate at 0.03 percent on real estate.
The action taken was a day that the rise in food prices, rose to 9.46 percent for the week ending 4 exclude 8.60 percent in December before a week, and the central bank to the possibility that the rate of increase are the general prices of their projections of 5.5 percent in March and ends.
Rising gasoline prices are also expected inflationary pressures.
However, inflation declined steadily and stood at 7.48 percent in November.
Encouraged by the growth rate of 8.9 percent for the second quarter due, but not changed its forecast for economic growth of 8.5 percent this fiscal year and decided to return the numbers in its next Review 25 January 2011.
Blaming the government balance the large box to exacerbate the situation of liquidity, the central bank said it now it would be Rs 48 000 crore of the rulers in a month, which should improve the system a bit short on cash.
It also reduces regulatory liquidity ratio (SLR), to hold a pre-condition for the banks part of their deposits in government bonds, cash and gold, the one percentage point to 24 percent is currently 25 percent.
However, the measure is unlikely that emergency aid to the system, as RBI has already announced that they will not penalize the banks, even if the SLR is reduced to two percentage points below the requirement.
This plant is now a percentage point cut, RBI said on Thursday.
The RBI said that their movements can not be held to a change in political direction into consideration, and that "inflation remains a concern."
However, RBI move is technically a first step position of the year with a break in their round of rate hikes.
The central bank said that while liquidity is expected to remain low, "the degree of oppression has gone beyond the comfort of the Reserve Bank."
"This is mainly because of the continued high liquidity of the government, with an average Rs 84,000 crore in the second quarter of the review in November, he said.
Blaming the government balance the large box to exacerbate the situation of liquidity, the central bank said it now it would be Rs 48 000 crore of the rulers in a month, which should improve the system a bit short on cash.
It also reduces regulatory liquidity ratio (SLR), to hold a pre-condition for the banks part of their deposits in government bonds, cash and gold, the one percentage point to 24 percent is currently 25 percent.
However, the measure is unlikely that emergency aid to the system, as RBI has already announced that they will not penalize the banks, even if the SLR is reduced to two percentage points below the requirement.
This plant is now a percentage point cut, RBI said on Thursday.
The RBI said that their movements can not be held to a change in political direction into consideration, and that "inflation remains a concern."
However, RBI move is technically a first step position of the year with a break in their round of rate hikes.
The central bank said that while liquidity is expected to remain low, "the degree of oppression has gone beyond the comfort of the Reserve Bank."
"This is mainly because of the continued high liquidity of the government, with an average Rs 84,000 crore in the second quarter of the review in November, he said.
The government has more than one lakh crore rupees from the sale of spectrum for broadband telecommunications and broadband services to its Rs 35,000 crore in the budget. also expects strong corporate culture collection of tax payments for the third quarter. Bankers said the measures would increase the interest is taken over most banks.
