Credit policy can`t do much about inflation: Economist

Stressing that monetary policy has "serious limits" in tackling rising inflation, RBI Chair Professor at ICRIER B L Pandit on Friday made a case for expediting agricultural reforms to fight price rise.

Credit Policy: RBI raises SLR by 1%

RBI on Tuesday raised statutory liquidity ratio by 100 basis points, while keeping other key rates same.

Indian equities plummet as central bank tightens policy

Indian stock markets fell sharply Tuesday after the central bank said it has hiked the statutory liquidity ratio for commercial banks and will change its stance on the accomodative policy for housing and finance companies.

SLR increase won`t impact banks much: Fin Secy

A one percentage point increase in banks` statutory liquidity ratio (SLR) by Reserve Bank of India (RBI) on Tuesday would not impact banks much, the finance secretary said on Tuesday.