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Highlights of Q3 credit policy review

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Press Trust of India Mumbai
Last Updated : Jan 19 2013 | 8:54 PM IST
  * Inflation unchanged at 5-5.5%

   * Reverse repo rate up by 0.25% to 5.50%

   * Repo rate hiked by 0.25% to 6.50%

   * Bank Rate kept unchanged at 6%

   * Cash Reserve Ratio unchanged at 5%

   * Money supply higher than projection of 14.5%

   * Aggregate deposits higher than Rs 2,60,000cr

   * PLR unchanged across banks

  * Credit by banks up 23.3% at Rs 2,56,441cr

 * Interest rates firmed up in almost all segments

 * Call money rates rose to 6.58% in Jan 2006

 * 91 & 365 day treasury bill rates up to 6.19%, 6.30%

 * Deposit rates of over one yr maturity rose to 5.5-7%

 * FDI inflow at $3.6bn between Apr-Oct 2005

 * Food credit increased moderately by Rs 1,979cr

 * Non-food credit rose by 24% at Rs 2,54,462cr

 * Foodgrain production target of 215 million tonne achieveable

 * Signs of slowdown in private corporate sector

 * Centre's fiscal deficit at Rs 1,12,949cr between Apr-Nov

 * Centre's revenue deficit at Rs 87,181cr between Apr-Nov

 * Govt's net market borrowings at Rs 90,051 cr.

 

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First Published: Jan 24 2006 | 6:15 PM IST

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