https://www.taxtmi.com/news?id=2148 The central bank increased the repo and reverse repo rates through successive hikes from April 2010 into mid 2011 to anchor inflationary expectations; banks responded by raising base rates and Benchmark Prime Lending Rates, tightening credit. The release also notes that agricultural and industrial growth depend on non credit factors such as monsoon and demand supply, cites reported industrial growth for June 2011, and records continued government interest subvention to certain sectors on merit. en-us Sat, 20 Aug 2011 10:19:06 +0530 Sat, 20 Aug 2011 10:19:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2148 The central bank increased the repo and reverse repo rates through successive hikes from April 2010 into mid 2011 to anchor inflationary expectations; banks responded by raising base rates and Benchmark Prime Lending Rates, tightening credit. The release also notes that agricultural and industrial growth depend on non credit factors such as monsoon and demand supply, cites reported industrial growth for June 2011, and records continued government interest subvention to certain sectors on merit. News - Sat, 20 Aug 2011 10:19:06 +0530 https://www.taxtmi.com/news?id=2148