TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All News
of of All News
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>RBI Maintains Policy Rate, Reduces SLR by 50 Basis Points to Boost Lending and Support Economic Growth.</h1> The Finance Ministry announced that the Reserve Bank of India's recent bi-monthly credit policy maintained the policy rate but reduced the Statutory Liquidity Ratio (SLR) by 50 basis points. This reduction provides banks with more flexibility to lend, potentially increasing bank credit as the economy improves and demand rises. Inflation is reportedly moderating, and the government is committed to fiscal consolidation and reviving the investment cycle to further reduce inflation and boost growth. The RBI Governor indicated that interest rates would not remain high longer than necessary, with potential rate cuts if disinflation continues. The RBI is urged to consider liquidity, inflation, and growth when setting future policy rates.
TaxTMI 