Brought to you by - Competition ZENITH 1. RBI keeps key rate unchanged I. the Reserve Bank of India (RBI) had kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 8.0 per cent. II. it has decided to keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of net demand and time liabilities (NDTL). III. it has reduced the liquidity provided under the export credit refinance (ECR) facility from 32 per cent of eligible export credit outstanding to 15 per cent with effect from October 10.
A mile closer to the milestone...