sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
General »
 Government likely to withdraw tax notice on free banking services
 Senior Citizens Savings Scheme Rules, 2004
 How salaried individuals can avail full potential of I-T benefits
 The Central Board of Direct Taxes unveiled new Income Tax Return forms for assessment year 2018-19 on 5 April. Although the manner of filing returns remains the same as compared to last year, certain changes have been incorporated in the new ITR forms.
 Income Tax efiling: Must-do steps to file your IT return for FY 2017-18 on time till you get Form 16
 What are the tax filing deadlines for financial year 2017-18?
 How income tax department can penalise you for under-reporting, misreporting income
 Start your tax planning right now
 Government confident of meeting fiscal deficit, tax revenue targets
 Clarification with respect to the E-way Bill System
 Here is how you can save on taxes

India call rates steady near repo rate, demand low
December, 03rd 2010

Indian cash rates ended around the repo rate of 6.25 per cent in afternoon trade on Thursday, as demand eased with the reporting fortnight drawing to a close.

The one-day inter-bank cash rate ended at 6.30/40 per cent, from Wednesday's close of 6.25/6.30 per cent.

Banks borrowed 518.1 billion rupees from the Reserve Bank of India's twin repo auction compared with a total 764.55 billion rupees on Wednesday.

The recent cash support steps by the RBI also soothed jittery nerves.

On Monday, the Reserve Bank of India extended the second liquidity adjustment facilities that were ending on Dec. 16 up to Jan. 28.

The RBI also relaxed the statutory liquidity ratio by 2 per cent compared with earlier relaxation of 1 per cent, to enable banks borrow more from the repo auctions.

The weighted average rate in the call money market was at 6.40 per cent compared with 6.45 per cent on Wednesday, and that in the collateralised borrowing and lending obligation (CBLO) market was 6.20 per cent, little changed from Wednesday's 6.23 per cent.

Volumes in the call market were 66.56 billion rupees compared with a total of 38.84 billion rupees on Wednesday. In CBLO, it was 624.62 billion rupees versus previous 551.55 billion rupees.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Reengineering Software Re-engineering Software Reverse Engineering Software Reverse Development Software Change Modulation Software Conversion Software Re-creation Software Re-development

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions