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Tuesday, April 5, 2016

RBI First Bi-monthly Policy Statement for the year 2016-17

RBI First Bi-monthly Policy Statement for the year 2016-17: 

Bank Rate unchanged to stay at 7.75%, 
CRR unchanged to stay at 4.00%, 
SLR unchanged to stay at 21.50%, 
Repo Rate changed by 25 bps to now be 6.50%, 
Reverse Repo Rate changed by 25 bps to now be 6.00% & MSF changed by 75 bps to now be 7.00%

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Bank Unions Oppose PLI Scheme for Senior Bank Executives

AIBOC and AIBEA have written a letter to the DFS Secretary requesting him to review the recently introduced PLI Scheme for Senior Bank Execu...

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