The Reserve Bank of India (RBI), the country’s central bank, has reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 8.0 per cent to 7.75 per cent with immediate effect. Consequently, ...
Tags: liquidity adjustment facility, banking system, Textile
Reacting to the Second Quarter Review of Monetary Policy Statement 2013-14, Dr A Sakthivel, Chairman AEPC, stated that, “The synergistic efforts of all the stakeholders including Govt. has resulted in the average export growth of ...
Tags: Repo Rate, Chairman AEPC
Chairman AEPC Dr A Sakthivel, on behalf of the garment & textiles industry has expressed disappointment over the increasing the repo rate. In a statement made, Chairman Dr. Sakthivel stated that, “The availability of capital is ...
Tags: AEPC Chief, Apparel
Dr. A Sakthivel, Chairman AEPC, on behalf of the entire garment and textiles industry has welcomed the RBI third quarter review of monetary policy 2012-13. In his statement Dr Sakthivel said, “The lowering of the policy repo rate ...
Tags: Chairman AEPC, garment and textiles industry, RBI, CRR
RBI in its Mid-Quarter Monetary Policy Review: December 2012, made no significant changes today, with cash reserve ratio (CRR) of scheduled banks unchanged at 4.25 per Cent. Consequently, the reverse repo rate under the LAF unchanged at 7.0 ...
Tags: significant changes, marginal standing facility, garment Industry