RBI decisions to ensure balance between growth, inflation
The Free Press Journal|December 07, 2024
Experts feel move is well-timed and practical
RBI decisions to ensure balance between growth, inflation

The Reserve Bank's credit policy was on expected lines, and the reduction in the cash reserve ratio (CRR) would help support growth, after the sharp downward revision in the forecast for the current financial year, opined experts.

The RBI on Friday kept its key interest rate unchanged citing inflation risks, but cut the Cash Reserve Ratio that banks are required to park with the central bank, boosting money with lenders to support a slowing economy.

Harsha Vardhan Agarwal, President, FICCI, said that while the RBI's stance on the repo rate was widely expected, the industry body welcomes the 50-bps cut in the CRR rate.

この記事は The Free Press Journal の December 07, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The Free Press Journal の December 07, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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