Power Today |
Advertise Here [728 W x 90 H pixels]
News Brief | September 2014

SLR cut not to boost credit to industry

Reserve Bank of India Governor Raghuram Rajan has said the recent move by the central bank to cut the statutory liquidity ratio (SLR) will not help in expanding credit to firms in the private sector, at least for now. This is because the demand for credit from the private sector is yet to pick up, Rajan said. He however promised that the RBI would analyse the effect of the SLR cut and ensure that financing for the government (borrowing) is not disrupted. In its third bi-monthly policy statement, the Reserve Bank cut the SLR from 22.5 per cent to 22 per cent.
Post your comment
Verification Code:   Change Image


Posted Comment
1 .     Yogesh Says:
17 Oct 2016
I wish to start pvc / pp electric wire unit in Delhi. What kind of information I can get if I subscribe for your magazine

2 .     Sarfaraj Bilakhiya Says:
20 Sep 2016
Pls invite me all auction in gujarat

3 .     k.natarajan Says:
20 Jun 2016
we are doing business developing for solar power ,thermal power , customer supporting and we have 45 mw splar power on hand needs investors..... thanks lot pls call +910842559230 +919842753550

Advertise Here [728 W x 90 H pixels]