Mumbai, Apr 29: Reserve Bank of India (RBI) will announce the annual the monetary and credit policy for the year 2008-09 today.
Rising inflation could impact the policy in terms of further rate hikes.
The RBI’s key policy rates were raised nine times since October 2004, while the Cash Reserve Ratio (CRR), the mandatory amounts that the banks have to keep with RBI, was raised five times since December 2006.
Amman - The Arab Bank Group posted a 24.4-per-cent increase in net profits in the first quarter of the year, to 232.8 million dollars from 187.1 million dollars in the same period of 2007, the gro