Friday, October 10, 2008

RBI statement on CRR cut to 7.5 pct

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www.rbi.org.in

MUMBAI, Oct 10 (Reuters): The following is the full text of the statement issued by the Reserve Bank of India on Friday, Oct. 10, on the cut in the cash reserve ratio to 7.5 percent.

On October 6, 2008 the Reserve Bank of India announced a reduction of the cash reserve ratio (CRR)..>>continued>>

View Full Statement>>

Posted on Friday, October 10, 2008 by Dennis |

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