Second Quarter Review of Monetary Policy 2009 -10

The repo rate has been kept unchanged at 4.75%. The reverse repo rate left steady at 3.25%. The bank rate has been retained unchanged at 6.0%. The cash reserve ratio (CRR) of scheduled banks has been retained unchanged at 5% of their net demand and time liabilities (NDTL). Statutory liquidity ratio (SLR) for scheduled commercial banks has been hiked by 100 basis points to 25%.

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Year of publication:	2009-10
Authors:	Subbarao, D
Institutions:	eSocialSciences
Subject:	repo \| reverse \| cash reserve ratio \| CRR \| SLR \| statutory liquidity ratio \| demand \| liabilities \| commercial banks \| scheduled \| banks \| Financial Stability \| interest rate \| trade \| emerging market economies (EMEs) \| Asia \| capital \| India \| china

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Series:	Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Institutional Papers
Source:	RePEc - Research Papers in Economics

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