CRR should be reduced: C Rangarajan

The Prime Minister’s Economic Advisory Council Chairman, C Rangarajan, has opined to reduce the use of CRR and suggested that it should be used only in extraordinary circumstances. As per him, the need for using it reduces with the option ..

Month: Current Affairs - September, 2012

RBI cuts SLR, releases Rs 60,000 crore

RBI slashed the Statutory Liquidity Ratio (SLR) by 1 percentage point from 24 % to 23 % which is expected to provide liquidity of around Rs 60, 000 crore. It kept the major indicative policy rates unchanged while it slashed ..

Month: Current Affairs - August, 2012

India’s cash deficit to worsen: JP Morgan

J.P.Morgan held that: Since Govt spending remains half hearted, India’s liquidity deficit will decline more, hitting 1.5 lakh crore in June 2012. Core liquidity deficit could hit 1 lakh crore by the end of June, 2012. For this JP Morgan ..

Month: Current Affairs - May, 2012

Broker dealer

In the world of finance and investment, banks often play a crucial role as intermediaries in buying and selling securities. However, it’s important to acknowledge the presence and significance of non-bank participants in the securities market. These entities, not involved ..

Bid Spread

In the world of financial markets, bid-ask spread plays a significant role in determining the trading dynamics and liquidity of securities. The bid-ask spread represents the discrepancy between the price at which a market maker is willing to sell a ..