Lending rates may be unchanged
ON MINT ROAD

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ON MINT ROAD

This is the second time in two weeks that the central bank has asked banks to set aside more reserves. The impact is, however, expected to be marginal as bankers talked about keeping lending rates stable for the time being due to sufficient liquidity in the system.
While public sector bank chiefs are awaiting cues from Finance Minister P Chidambaram on Thursday, other bankers pointed out that the full impact of the 75 basis point rise in CRR
First Published: Apr 30 2008 | 12:00 AM IST