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KNOWLEDGE UPDATE : Credit Evaluation in USA vs India - Importance of Character of Borrower by Rajesh Goyal (uploaded on 03/07/2015)
Window Dressing in PS Banks and Its Culprits : Will Modi Government Be Successful in Reining This Malpractice? by Rajesh Goyal (uploaded on 06/06/2015)
Knowledge Update : Changes by RBI in Priority-Sector Lending (April 2015) by Rajesh Goyal (uploaded on 09/05/2015); OR Download Detailed Guidelines for PS Lending and Classification
Second Bi-monthly Monetary Policy Statement, 2015-16 : RBI today (2nd June, 2015) announced the reduction of the policy Repo Rate under the liquidity adjustment facility (LAF) by 25 basis points, and also accordingly adjusted other policy rates
(a) Repo Rate : 7.25 per cent (reduced from 7.50 percent)’
(b) Reverse Repo Rate under the LAF stands adjusted to 6.25 per cent;
(c )Marginal Standing Facility (MSF) Rate and the Bank Rate adjusted to 8.25 per cent.
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