PDA

View Full Version : India's Central Bank Cuts Reserve Ratio as Cash Squeeze Threatens Economy - Bloomberg



NewsWhore
03-09-2012, 08:10 PM
http://news.insearchofchicas.org//nt1.ggpht.com/news/tbn/XX4FjJXRrmtjyM/6.jpg
Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFvIwOMILoYV938IsTqJ2Xlw-XNLA&url=http://www.bloomberg.com/news/2012-03-09/india-s-central-bank-cuts-reserve-ratio-as-cash-squeeze-threatens-economy.html)


India's Central Bank Cuts Reserve Ratio as Cash Squeeze Threatens Economy (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFvIwOMILoYV938IsTqJ2Xlw-XNLA&url=http://www.bloomberg.com/news/2012-03-09/india-s-central-bank-cuts-reserve-ratio-as-cash-squeeze-threatens-economy.html)
Bloomberg
Cash availability with Indian lenders dropped after the central bank bought rupees to stem the decline in the currency, and companies borrowed to finance imports, said Roy Paul, a deputy general manager at Federal Bank Ltd. (FB) in Mumbai.

and more » (http://news.google.com/news/more?ned=us&ncl=d60i-wHN2zWHrHM)





More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFvIwOMILoYV938IsTqJ2Xlw-XNLA&url=http://www.bloomberg.com/news/2012-03-09/india-s-central-bank-cuts-reserve-ratio-as-cash-squeeze-threatens-economy.html)