- RBI increases reserve limit on deposits increased by 0.5 % .
Now onwards it would be 7 % .
With this step lenders will have less money to lend.
Interest rates are expected to increase. - RBI is using it as a measure for curbing inflation.
- Moreover it will effect to the stock exchange indexes respectively.
- It would be the time to purchase stocks in recent future.
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4 comments:
good job done reporter keep it up
Markets down 650 points today!
Damn solid advice man... tere eco and finance ke fundae clear lagte hain... the market crashed !!! baabaa re... well done !
TIMing dude timing
gazab ka timing
just before the market crash we see the forcast that they will crash in near future!!
too good man continue doing the damm good work man
Very informative,well analysed and to the point
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