http://www.biz2credit.in/blog Small business advice for financing, marketing and growing a company Thu, 09 Sep 2010 06:35:17 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 http://www.biz2credit.in/blog/2009/02/03/the-reserve-bank-of-india-has-left-key-rates-unchanged/ http://www.biz2credit.in/blog/2009/02/03/the-reserve-bank-of-india-has-left-key-rates-unchanged/#comments Tue, 03 Feb 2009 06:15:20 +0000 Biz2Credit Advisor http://www.biz2credit.in/blog/?p=442 The Reserve Bank of India has left key rates unchanged; the repo, the reverse repo, bank rate and the cash reserve ratio (CRR) are held at current levels. The central bank expects the economy to worsen further and has revised the GDP growth target to 7 percent from a previous estimate of between 7.5 to 8 percent. Additionally, inflation targets for the fiscal year were reduced to 3 percent from earlier projections of 7 percent.

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