8000816688
Investors login
Close
Lost Password
  • Blog
  • Install App
  • Ask The Analyst
EquityPandit
Trending News
GMR Infrastructure Looking To Sell-Off Its Airport Business
Limit On FPI Investment In Corporate Bonds Removed By RBI
Arun Jaitley Resumes The Charge As Finance Minister
  • ios
  • Home
  • Services
    • Equity
    • Commodity
    • Currency
  • Pricing
    • Equity
    • Commodity
    • Currency
  • Payment Option
  • Latest News
  • Technical Charts
  • Technical Analysis
    • Stock Market
    • Commodity Market
  • Live Messenger
  • Tutorials
  • Media
  • Contact Us
Menu
  • Home
  • Services
    • Equity
    • Commodity
    • Currency
  • Pricing
    • Equity
    • Commodity
    • Currency
  • Payment Option
  • Latest News
  • Technical Charts
  • Technical Analysis
    • Stock Market
    • Commodity Market
  • Live Messenger
  • Tutorials
  • Media
  • Recommendation
  • Contact Us

RBI Monetary Policy and It’s Effect on Indian Economy

August 5, 2014 at 10:50 PM Abhishek Parakh Leave a comment

RBI Monetary Policy was disclosed today at 11 AM. It’s a bi-monthly policy and has direct impact on Indian Economy, Growth and Inflation.

The key points are here under: 

  • RBI keeps repo rate unchanged to 8%
  • keeps Reverse Repo unchanged to 7%
  • keeps CRR unchanged to 4%
  • cuts SLR by 50 bps to 22%
  • cuts HTM ceiling to 24%

The RBI Monetary policy has a neutral impact as banks are already having SLR of 27%. Hence a half a percentage cut in SLR may seem negligible. Currently, banks are permitted to exceed the limit of 25 per cent of total investments under the held to maturity (HTM) category provided the excess comprises only SLR securities, and bank’s total holdings of SLR securities in the HTM category is not more than 24.5 per cent of their NDTL as on the last Friday of the second preceding fortnight. In order to enable banks greater participation in financial markets, this ceiling is being brought down to 24 per cent of NDTL with effect from the fortnight beginning August 9, 2014. This may give room to the banks to reduce their holdings as per the market condition going forward.

RBI-Raghuram-rajan

Post navigation

Previous PostNext Post

Register To Get 95% Accurate Tips For Free, Through SMS


I accept Terms and Condition

Recent News

equitypandit GMR Infrastructure Looking To Sell-Off Its Airport Business

February 16, 2019 AT 11:33 AM

equitypandit Limit On FPI Investment In Corporate Bonds Removed By RBI

February 16, 2019 AT 11:01 AM

equitypandit Arun Jaitley Resumes The Charge As Finance Minister

February 15, 2019 AT 5:30 PM

equitypandit Shares Of Dr Reddy Drops As Much As 30 Percent Before Recovering

February 15, 2019 AT 4:39 PM

I accept Terms and Condition



PREMIUM SERVICES

EQUITY

COMMODITY

CURRENCY

EquityPandit in Media


has been Featured on

2
3
Nbc-logo
7
PRESS-TRUST-OF-INDIA
4
Zee_News_2011
6
telegraph
http://www.equitypandit.com/my-account/
  • Home
  • Cart
  • Install App
  • Terms and Conditions
  • About Us
  • Careers
  • Services
  • Contact Us
  • Daily Advices
  • Site Map
  • Latest News
  • Technical Analysis
  • Payment Option
  • Get Account Details
  • Pay Via NEFT
  • privacy Policy

An ISO 9001:2008 Certified Company

Copyright © 2014 EquityPandit Financial Services Pvt. Ltd.
All rights reserved.

A GROUP COMPANY

SEBI Registered Investment Advisor
SEBI Registration Number : INA000006688

Investment/Trading in markets is subject to market risk.