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
News Headlines »
 How to use your Form 16
 Which ITR form applies to you for financial year 2017-18?
 Income tax returns filing form-2 released; should you use it? Find out
  Are you planning to file ITR 1 form? here's how to do it Income Tax Return (ITR) filing
 30 LPA-Opening Financial Controller
 ITR form 2 in java release by CBDT for return filing by individuals
 How to file your income tax return using ITR Form-1 Income Tax efiling for AY 2018-19
 Income tax returns (ITR) filing: Have you received I-T dept notice? Safeguard yourself; here is how
 Delayed release of electronic ITR forms may compel CBDT to extend the filing deadline
 Trading volume linked to tax return?
 How to e-verify your income tax return? Here are five ways to do it

Repo rate up 25 bps, reverse repo up by 50 bps
July, 27th 2010

For the fourth time in 2010, the Reserve Bank of India (RBI) has hiked the key rates in its ongoing campaign to tame inflation.

Buzz up!In its quarterly monetary policy review on Tuesday, Jul 27, the central bank hiked repo rate, the rate at which RBI lends private and public sector banks, by 25 basis points while the reverse repo rate, the rate at which the RBI borrows from banks, was increased by 50 basis points.

The Cash Reserve Ration (CRR) remains unchanged at 6 per cent.

The hike in the policy rates were expected as the inflation for Jun 2010 stands at 10.55 while the food inflation was above 12 per cent.

Earlier in a mid-cycle rate hike on Jun 3, RBI increased the repo rate by 25 basis points to 5.5 percent and the reverse repo rate by a similar quantum to 4 percent.

The apex bank's move to tighten the monetary policy had already received support from the prime minister's economic advisory council.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Experience

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