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Rating agency Moodys said that the Reserve Bank of Indias decision to mandate liquidity coverage ratio from January 1 is credit positive for Indian banks

June 17, 2014 8:35 IST | India Infoline News Service
The WPI-based inflation rose to a five-month high of 6.01% in May against 5.20% in the previous month, driven by costlier protein-based items, fuel and some manufactured products. (BS)

Rating agency Moodys said that the Reserve Bank of Indias decision to mandate liquidity coverage ratio from January 1 is credit positive for Indian banks. (BS)

The Reserve Bank of India is in the process of reviewing the regulatory framework for Non Banking Financial Companies in the context of recent developments including the Nachiket Mor Committee and others, said deputy governor, RBI. (ET)

Seeking to push further the relationship with Bhutan, India announced a number of measures and concessions including the exemption of Bhutan from any ban on export of milk powder, wheat, edible oil, pulses and non-basmati rice. (BL)

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