Third Quarter Review of Monetary Policy 2013-14

On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: increase the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.75 per cent to 8.0 per cent; and keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per… Read More

Tags: Bank RateCentral bankConsumer Price Index - CPI (CPIS)DecemberEconomic growthRepurchase agreementReserve BankUrjit Patel Committee

Closing of Old Outstanding Bills:Export-Follow-up XOS Statements

RBI/2013-14/325 A.P. (DIR Series) Circular No. 62 October 14, 2013 To All Category - I Authorised Dealer Banks Madam / Sir, Closing of Old Outstanding Bills:Export-Follow-up XOS Statements Attention of Authorized Dealer Category I (AD Category I) banks is invited to A. P. (DIR Series) Circular No. 12 dated September 9, 2000 in terms of which AD… Read More

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