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Specials
A Goliath's battle call
Are pension fund
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Strong rupee adds
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Chance to get state
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Beyond plagiarism
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Centaur row:
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The Cable Bill:
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     friendly is it?
Blowing hot and cold
     over Balmer Lawrie sale
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Interviews
We will see growth
     through acquisitions:
     Ratan Tata
'How can anyone
     say I am against
     divestment?: Ram Naik
This will be the
     last bailout:
     M Damodaran
'Why should PSUs
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     George Fernandes
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• RBI cuts bank rate, CRR by 0.25%

• Highlights of the Credit Policy

INTERVIEW: BIMAL JALAN

'No one will invest just because rates are low'

CREDIT POLICY REPORTS

• RBI opts for slow and steady change

• RBI cuts GDP forecast to 5-5.5%

• No further cut in bank rate, says Jalan

• Jalan pegs 2002-03 inflation at 4%

• Fiscal deficit dips 1% to Rs 554.96 billion

• Govt's borrowing plan may be affected: RBI

• Forex reserves at all time high of $64 bn: Jalan

• Credit flow to exports liberalised

• Banks asked to pare spreads over PLR

• India's current account deficit pegged below 1% of GDP


REACTIONS

• Home loan rate cut on cards

• Rate cut not enough to boost ailing economy

• India's financial conditions stable: Jalan

• Short on action, long on impact

• Dual control hits effective UCB supervision

• Mixed reactions from chambers

• Bankers seek segmented PLRs for various sectors

• Investors cheer RBI's rate cuts

• SBI cuts deposit rates by 50 basis points

• Housing, personal loan rates may drop

• Jaswant Singh praises RBI's rate cut

• RBI's Monetary Policy statement on RBI Web site


RUN-UP TO THE CREDIT POLICY

• Bankers divided on rate cuts

• Indian industry pins hopes on a rate cut in policy

• Is the Monetary & Credit Policy Dead?

• RBI set to pare growth projection: but to what extent?

• CRR cut likely despite cash overhang

• Rupee options set to be unwrapped

• Bank rate, repo rate cut likely

• Will RBI bite the bullet?

• Bankers expect rate cut in Monetary and Credit Policy

• RBI to launch rupee options next month

• No immediate move to cut interest rate: Jalan


TUTORIALS

What is the Monetary & Credit Policy?

Find out how significant is the biannual policy...


FROM THE REDIFF ARCHIVES:

• RBI's Credit and Monetary Policy 2002-2003 (First Half)

• RBI's Credit and Monetary Policy 2001-2002 (First Half)

• RBI's Credit and Monetary Policy 2001-2002 (Second Half)

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