J&K&L HC: Repeat Narcotics Offences After Release Can Justify Preventive Detention || SC: Departmental Enquiry Required for Police Arrests Without Written Grounds || SC: Preliminary Issue Cannot Be Tried Separately Once Trial on All Issues Has Begun || SC: Police Claim of Sufficient Material for Chargesheet Does Not Entitle Accused to Default Bail || Telangana HC: Father’s Role Beyond Financial Support Cannot Be Overlooked in Custody Matters || Allahabad HC: Hindu Marriage Requires Essential Ceremonies, Arya Samaj Certificate Not Enough || Delhi HC: Narco Test Cannot Be Forced on an Accused Without Consent || Gujarat HC: Brothel Customer Not Liable for Operating Premises or Procuring Women || MP HC: Civil Suits May Be Consolidated Where Issues and Evidence Are Common || J&K&L HC: Personal-Enmity Assaults Concern Law and Order, Not Preventive Detention

Repo rate cut by 50 basis points to 6.75 per cent- (Reserve Bank of India) (29 Sep 2015)

MANU/RMIC/0360/2015

Banking

The Reserve Bank of India lowered the rate at which it lends money to banks by 50 basis points, from 7.25 per cent to 6.75 per cent. However, no changes were made to the 4 per cent Credit Reserve Ratio or 21.5 per cent Statutory Lending Rate. The Bank also revised its growth target for the 2015-2016 Financial Year from 7.6 per cent to 7.4 per cent.

Relevant : Bank Rate adjusted MANU/RMIC/0361/2015

Tags : RBI REPO RATE CUT

Share :