Banknet IndiaNews and Stories from banknetindia.comReserve Bank of India hikes CRR by 50 bps to 8%- (Found June 6, 2008 ) Reserve Bank of India has hiked cash reserve ratio (CRR) by 50 bps to 8% in two stages to contain inflation.http://www.banknetindia.com/banking/crr08.htm Global credit quality worsens in first quarter 2008- (Found June 6, 2008 ) Overall credit quality for corporate, sovereign, and banking debt issuers on a global basis worsened says Moody's Investors Service.http://www.banknetindia.com/banking/80419.htm Banking hours extended for the annual closing- (Found June 6, 2008 ) Banking hours extended for annual closing of government accounts and tax payments.http://www.banknetindia.com/banking/80326.htm |