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3rd July,  2015


Latest News Show : Indian Top Stories & Business News:


KNOWLEDGE UPDATE  :  Credit  Evaluation in  USA vs India - Importance of Character of Borrower by Rajesh Goyal  (uploaded on 03/07/2015)


  Bank Wage Revision Arrears Calculators  (Revised versions uploaded on 02/07/2015)


  KNOWLEDGE UPDATE  : Correlation between Repo Rate and Base Rate by Pannvalan  (uploaded on 19/06/2015)


  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



Latest Important Banking News


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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