Posted on January 16, 2009

panch-tattva talk…rates fyrther down

Friends, The one year bulk deposit rates have been lowered to 7.5pc by banks. The credit growth stands at 24pc (yoy) against RBI’s target of 20pc. There has been an umpteenth rate reduction by European central bank just now, it stands at 2pc. The DOW and Nasdaq closed in green yesterday and the Asian markets … Continue reading