India and the credit crisis
dd
On October 6th the RBI also unexpectedly cut the cash reserve ratio (CRR, the amount of deposits that banks must keep on reserve with the RBI) by 50 basis points to 8.5%, effective October 11th.
Related Links
Asia
, economy
, credit crisis
, finance
Most Popular
Related Galleries (54)
-
The euro area's economy (7 photos)
Finance is in retreat. The service-led economies of America and... -
President Bush Discusses Economy (5 photos)
On September 19, 2008, President Bush outlined decisive government... -
Ideas for boosting America's economy (8 photos)
Barack Obama was elected on a wave of jubilation and a big majority... -
Why South Africa's economy is slowing (8 photos)
Power cuts and lower consumer demand will mean less growth.