Indian Credit Policy 2009 | CRR Rates | Indian Stocks to Make You a Millionaire

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Indian Credit Policy 2009 | CRR Rates

Posted By On 5:40 PM Under


Main ingredients of Indian Credit Policy 2009 is as appended below:

1. CRR was unchanged at 5%.

2. Repo rates unchanged at 4.75%.

3. Reverse repo rates unchanged at 3.25%.

4. SLR rate was hiked to 25% from 24% and this, the RBI says would not affect liquidity.

5. FY10 GDP forecast has been kept unchanged at 6% for FY10 with upward bias.

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