India: Mid-Quarter Monetary Policy Review: June 2013

On the basis of an assessment of the current macroeconomic situation, it has been decided to: keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of their net demand and time liabilities; and keep the policy repo rate under the liquidity adjustment facility (LAF) unc…

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India: Mid-Quarter Monetary Policy Review: June 2013