RBI announces CRR cut - bankers are not happy

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SURYANARAYAN MOHAPATRA

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Oct 31, 2012, 12:45:50 AM10/31/12
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Dear Students,

RBI  has just announced 25 basis points cut in CRR,

Now CRR stands at 4.25 % of NDTL.  CRR cut will improve the liquidity in the banking system by Rs. 17500 crore. There is no change in other policy rates.

Bankers are not happy. Why ?

RBI  has also asked banks to make provision of restructured loans at 2.75%
as against  2% earlier.  This has disturbed the bankers as  higher provisioning
requirements will affect the  profitability of banks.


Go through today's paper and note down the changes announced by RBI.




With best wishes.

Prof.  Surya Mohapatra


krati singhal

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Oct 31, 2012, 3:58:21 AM10/31/12
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Thank u sir :)


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KRATI SINGHAL 
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vikhyat rai

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Oct 31, 2012, 5:11:29 AM10/31/12
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Thank u sir...

sanchita arora

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Oct 31, 2012, 5:34:08 AM10/31/12
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Thank you so much sir.

ghanshyam bhambhani

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Oct 31, 2012, 6:06:30 AM10/31/12
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Thank you sir 

Roshni Nair

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Oct 31, 2012, 9:53:19 AM10/31/12
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Thank you sir

Regards
Roshni

On Wed, Oct 31, 2012 at 3:36 PM, ghanshyam bhambhani <gb....@gmail.com> wrote:
Thank you sir 

Sweety Gupta

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Oct 31, 2012, 12:30:14 PM10/31/12
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Thanks a lot sir...


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Sweety Gupta

Bhavana Desai

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Oct 31, 2012, 1:58:10 PM10/31/12
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thanku sir :)

subho chatterjee

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Oct 31, 2012, 3:09:02 PM10/31/12
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Thankyou so much sir
for helping us with informations even today:)

asha poonia

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Nov 1, 2012, 1:02:05 AM11/1/12
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thanku so much sir :)
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