The central bank decided to bring down the ceiling on Statutory Liquidity Ratio securities under the Held To Maturity category
RBI provided a buffer to importers by doubling eligible limit for hedging to 100% of the average of past three years' import turnover
In latest commodity super-cycle, inflation-adjusted prices of commodities rose 60-500% between 1999 and 2010
In the absence of credit growth, the central bank is sitting on the sidelines for economic activity, credit off-take to pick-up
Interview with RBI Governor
Reserve Bank of India takes regulatory steps forward
The rupee hit an intra-day low of 61.83, a level last seen on March 5 after the euro fell below 1.26 against the dollar
Though retail inflation has come off on account of lower prices of gold, oil and non-food elements, dependency on external factors can play havoc
Says target of having inflation at 8% by Jan 2015 is easier than harder task of getting it down to 6% by Jan 2016
Currently, a wilful defaulter is one who has not used loans for the stated purpose or has not repaid when he can do so, or has siphoned off funds or disposed of pledged assets without bank's knowledge
Month-end demand from importers is seen aiding the pair
RBI said the 5.7% growth in the first quarter of the current fiscal surprised on the upside
Say RBI still cautious on inflation, focussed on credit supportive growth
Analysts see no rate cut until 2015 from the central bank
Ends at Rs 61.53 compared with previous close of Rs 61.16 per dollar
Asian currencies retreat on upward revision to US GDP growth