NEWS & ADVICE : CREDIT CARDS
Interest rates on hold however tough talks by RBI regarding inflation
By Ankit Sharma
Dec 19, 2013
Print    Email    RSS   

Even though there was no change made on Wednesday regarding the interest rates to the policy, tough talks were still spoken in regards to the inflation by the Reserve Bank of India (RBI)

Top Priority

Rajan, an adviser to the finance minister formally has made battling inflation a necessity since he was appointed in September. That move was beset for the Congress party and was welcomed, which is confronting general races due by May, and has been hit drubbed in later state surveys, somewhat because of high food costs.

Heart of the Battle

At the heart of India's surginginflation are the costs of vegetables, for example, onions and potatoes, which lopsidedly hit the nation's poor, customarily key voters for the Congress party. The RBI, Under Rajan, has moved back a large portion of the crisis steps taken in July and August to prop up the rupee, which incorporated raising transient investment rates.


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Credit Report: A Key Financial Indicator
5 steps to avoid credit card debt and...
Internet banking: does it put your money...
Personal Loan Vs. Cash advance from credit...
An analysis of prepaid travel cards


i forgot my pin number
How to change PIN number of my credit card
what is my credit card statement
i forgot my ATM pin number i could i get it again
how to improve my CIBIL score???

NEWS THIS WEEK
91st Founders day of the Karnataka Bank Feb 18, 2015
Banks on strike from 25th February Feb 16, 2015
SBT bank postponed the Open House meet Feb 13, 2015
Yes bank planning to line up for credit card portfolio Feb 12, 2015
Pocket banking – new app by ICICI bank Feb 11, 2015
News Archive