Earlier the requirement was Rs 2 crore
Indicates tightening of policy, even as it maintains neutral stance; cautions on inflation
Surplus not to push inflation up, says deputy governor Viral Acharya
RBI measures will ensure the surplus does not stoke inflation
On the developmental and regulatory policies front, the RBI has announced a number of measures: SBI
Debt waivers also entail transfers from taxpayers to borrowers, says Patel
The present level of NPA resolution is untenable: Urjit Patel
Urjit Patel and top central bank officials spoke to the media after RBI's monetary policy review
RBI does well to focus on managing excess liquidity
Existing MDR cap is 0.75% for transactions up to Rs 2,000 and 1% for over Rs 2,000
ReiTs and InVITs typically offer higher yields but they carry higher risks as well
From liquidity, monetary policy operations to financial inclusion, know about RBI monetary policy
Real estate index climbs 2% as experts say instrument could become a reality soon
RBI maintaining status quo on the repo rate was expected
Quotable quotes from RBI governor and his deputies at the monetary policy press conference
It was in contrast to the sharp decline observed in the two preceding rounds, the survey noted
It will enhance the efficiency of NEFT system and add to customer convenience, says B P Kanungo
RBI kept repo rate unchanged at 6.25% as widely expected, raises reverse repo to 6%
Says liquidity measures undertaken to reduce cost of borrowing by 0.25% for lower segment
Says global output and trade projected by multilateral agencies to gather momentum in 2017