The CRR has been cut by 0.25 per cent, which according to the RBI will release Rs 17,000 crore into the banking system. Expect more supportive steps from RBI in future. Some consumer loans may get cheaper. IS RBI trying to bolster sentiments?
Tags : # Reserve Bank of India
05:43 19 May 2013 from
IANS
Inmates flee Siberian prison via tunnel
Moscow, May 19 (IANS/RIA Novosti) Over 2,500 police officers are engaged in search of four inmates, jailed for murder and burglary, who escaped from a prison in the East Siberia's Irkutsk region by digging a tunnel, local officials said Saturday.The...
05:43 19 May 2013 from
IANS
Rajapaksa vows to fight external forces for peace
Colombo, May 19 (IANS) Sri Lankan President Mahinda Rajapaksa Saturday renewed his pledge to fight all "external elements" seeking to "disrupt" the country's peace.Speaking on the fourth anniversary celebration of winning the three-decade war...
03:19 19 May 2013 from
IANS
Anti-terror officer killed with family in Baghdad
Baghdad, May 19 (IANS) Five people, including an anti-terrorism police officer along with his wife and children, were shot dead by unidentified gunmen in the Iraqi capital Saturday, a government source said.The incident occurred at dawn when gunmen...
