Tag «Second Quarter Review»

MCCI on Second Quarter Review of Monetary Policy 2013-14

Commenting on the Second Quarter Review of Monetary Policy 2013-14 announced by RBI, Shri Sanjay Agarwal, President MCCI has expressed his disappointment on the further increase in Repo Rate by 25 basis point. He feels that when industry is facing credit crunch and the banks are equally facing the liquidity problem, reduction in marginal standing …