Monetary Policy 2010-11

Standing Liquidity Facilities for Banks and Primary Dealers RBI/2010-11/386 REF.No.MPD.BC.340/07.01.279/2010-11 January 25, 2011 To All Scheduled Banks [excluding Regional Rural Banks (RRBs)] and Primary Dealers Dear Sir/Madam, Standing Liquidity Facilities for Banks and Primary Dealers Please refer to the Third Quarter Review of Monetary Policy 2010-11 dated January 25, 2011, in terms of which the repo rate [...] Full Article

Dr. D. Subbarao, Governor, Reserve Bank of India will announce the Third Quarter Review of Monetary Policy 2010-11 on Tuesday, January 25, 2011. This will be done in a meeting with the chief executives of major scheduled commercial banks at 11.00 a. Full Article

RBI/2010-11/284UBD. BPD. (PCB) Cir. No. 21/13.05.000/2010-11. November 15, 2010 The Chief Executive Officers of All Urban Co-operative Banks Dear Sir/Madam, Maximum Limit on Unsecured Loans and Advances Please refer to our circular UBD BPD (PCB) Cir. No. 51/13.05.000/2002-03 dated April 29, 2003 and circular UBD BPD (PCB) Cir. No. 22/13.05.000/2005-06 dated December 5, 2005. The Reserve Bank [...] Full Article

"This morning, the Reserve Bank released the First Quarter Review of Monetary Policy for 2010-11 at a meeting of the chief executives of major banks. The important decisions contained in the review were to raise the repo rate from 5.5 per cent to 5.75 per cent and the reverse repo rate from 4 per cent to 4.50 per cent. This asymmetric raise in rates narrows the LAF corridor from 150 basis points to 125 basis points. Full Article