Reserve Bank of India (RBI) cut the Cash Reserve Ratio (CRR) by 75 basis points to 4.75 per cent
Just a few days left for Credit Policy review and Union Budget 2012-13, the Reserve Bank of India (RBI) on Friday, cut the Cash Reserve Ratio (CRR) by 75 basis points to 4.75 per cent effective March 10. The CRR stood at 5.5 per cent earlier.
Read more...Tags:000 crore of liquidity into the banking system , CRR cut to 4.75% from 5%. , CRR cuts by RBI , CRR decreased by 75 points , Monetry Policy of India , RBI , RBI Cuts Cash Reserve Ratio (CRR) , RBI cuts CRR by 75 basis points , Reserve Bank of India , Rs 48
Business General Knowledge 2011/For MAT/XAT/CAT/GMAT/SNAP/MANAGE Exams
1. Matrix Cellular, a telecommunication solutions provider, has partnered with MasterCard for all Indians going abroad. 2. Shree Shubham Logistics Ltd (SSLL) has signed MoU with Oriental Bank of Commerce (OBC), Yes Bank and Punjab National Bank (PNB) to benefit scores of farmers in availing post-harvest credit facilities Under the pact. 3. Auto major Mahindra will launch its new Duro DZ scooter model and unveil its MGP30 racing motorcycle at the…
Read more...Tags:100 years of civil aviation in the country , Agreement , Bhagyam , Bharat Sanchar Nigam Limited (BSNL) , coins of Rs.5 , Credit rating agency Moody's , Deepak Parekh Resigned from HUL Board , directorate general of hydrocarbons (DGH) , Duro DZ scooter model , FMCG major Hindustan Unilever Ltd (HUL) , green bean and educate non-traditional drinkers , HDFC Chairman Deepak Parekh , India International Coffee Festival (IICF 2012) , India International Coffee Festival (IICF 2012) in New Delhi , Indian government's bonds , Mahindra , Mahindra will launch its new Duro DZ scooter model , MasterCard , Matrix Cellular , MGP30 racing motorcycle , Micromax has appointed Deepak Mehrotra as its chief executive officer (CEO). , Oriental Bank of Commerce (OBC) , post-harvest credit facilities , Punjab National Bank (PNB) , RBI , second-largest oil field in the Rajasthan block , Shree Shubham Logistics Ltd (SSLL) , Yes Bank , ‘Wi-Max’ service in six places in Kullu district
Business Current Events 2011/For MAT/XAT/SNAP/GMAT/Management Exams
1. Sports broadcaster Nimbus’s contract with the Indian board terminated on grounds of defaulting payments. 2. The Delhi Metro Rail Corporation has given the right to use the land acquired for the project for property development also. 3. Rajasthan Calling’ will kick started on Dec 16 from Gurgaon, Haryana and will stopover for three days in each city as part of promoting the campaign. Its A two-month campaign that will tour 22 Indian cities showcasing…
Read more...Tags:25 MW solar photovoltaic (PV) power project at Mithapur , BSE/ NSE , Center for Advanced Financial Research and Learning (CAFRAL) , defaulting payments , Delhi Metro Rail Corporation has the right to use the land acquired for the project for property development , Dell India appointed Mr Harsha Lal as general manager of its Public-Large Enterprise (PLE) business unit in India. , DHL and Blue Dart Express Ltd. , engineering , FCCB , Gati Ltd , GEI Industrial Systems , GMR Infrastructure , HomeShikari , India’s first end-to-end GoGreen Carbon Neutral Service , Infosys signed a multi-year contract with Switzerland-based Syngenta AG , L and T Construction , Mr Harsha Lal , Newsibition , Nuclear Power Corporation of India (NPCIL) , procurement and construction (EPC) , property portal , Rajasthan Atomic Power Project-7 , Rajasthan Calling' will kick start Dec 16 from Gurgaon , Rajasthan's food and culture , RBI , RBI's Financial Literacy Efforts , re-issue of its Foreign Currency Convertible Bonds ("FCCBs"). , six laning of Kishangarh Udaipur Ahmedabad Highway , Sports broadcaster Nimbus , Tata Power , The Bangalore city-based TTK Services , Usha Thorat , world's leading agribusiness companies