The government has already pumped in Rs 145,000 crore last week through cash reserve ratio cuts, by providing money for farmer loans and on Monday the Reserve Bank of India made another repo rate cut of 100 basis point. Now banks can borrow from RBI at eight per cent as against nine per cent. However, banks say it's too early to decide on any rate cut.
Lending institutions to get money immediately: Chidambaram.
http://www.ibnlive.com/news/govt-puts-in-rs-25k-crore-for-banks--rbi-cuts-crr-by-1-pc/75893-7.html
The liquidity panel will be meeting in Mumbai later on Wednesday.
http://www.ibnlive.com/news/govt-rbi-agree-to-infuse-more-liquidity/75877-7.html
RBI Governor is on his way to Mumbai to work out the details.
http://www.ibnlive.com/news/authorities-agree-on-more-policy-steps-chidambaram/75855-7.html
Meeting seen as a signal for further announcements from the RBI to ease liquidity pressure.
http://www.ibnlive.com/news/pm-meets-fm-rbi-guv-reviews-economic-situation/75840-7.html
RBI has put its foot on the accelerator in terms of policy response.
http://www.ibnlive.com/news/rbis-firefighting-move-lowers-repo-for-mutual-funds/75823-7.html
RBI to infuse Rs 20,000 crore through short-term lending route.
http://www.ibnlive.com/news/rbi-pumps-in-rs-20000-cr-to-help-mutual-funds/75780-7.html
After the FM's assurances, Sensex rallied as investors' confidence returned.
http://www.ibnlive.com/news/fm-must-coin-policies-not-assure-financial-experts/75742-7.html
Half an hour into trading, the Sensex was at 10,921.80 points, up 393.95 points.
http://www.ibnlive.com/news/markets-rally-on-global-cues-chidambaram-pep-talk/75710-16.html
P Chidambaram speaks for emerging markets at Washington conference.
http://www.ibnlive.com/news/developing-world-suffering-for-no-fault-india/75707-7.html
He said stock market indices are not the indicators of the health of Indian economy.
http://www.ibnlive.com/news/economy-will-weather-the-storm-reassures-fm/75693-7.html
Chidambaram wants the World Bank and the IMF to ensure liquidity in markets.
http://www.ibnlive.com/news/all-eyes-on-markets-fm-asks-world-bank-imf-for-help/75685-7.html
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