Thursday, June 6, 2013

Reuters: Money News: RBI may cut OMOs to prod baulky banks on rate cuts

Reuters: Money News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
RBI may cut OMOs to prod baulky banks on rate cuts
Jun 7th 2013, 05:18

MUMBAI (Reuters) - The RBI, frustrated that heavy bond buying has failed to prod cash-strapped banks to lower lending rates, is considering cutting back on such open market operations, several officials with direct knowledge of the matter said.

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

No comments:

Post a Comment