October 27, 2009 12:45 PM
RBI raises SLR by one percentage point to 25 pc
Aiming to tackle inflationary pressures, the Reserve Bank today hiked the Statutory Liquidity Ratio, or the deposits that commercial banks are to park in government securities, by one percentage point, to 25 per cent. But the Reserve Bank left other key policy rates--the repo rate, the reverse repo ...