Reverse Repo Rate

The Reserve Bank of India [RBI] on Tuesday last quarter of the current fiscal year's monetary policy review to also cut interest rates to consumers by the announced rate is the interest rate. repo on RBI banks loans. in addition, the RBI announced a cut of 0.25 percent CRR. This is the first time since April last year when the RBI has reduced interest rates .

The repo rate is now at the banks will have more money to offer loans, followed by the banks to reduce interest rates will ease. as well as home and auto loan interest rates now decrease prices. CRR [cash reserve radio] cut of 0.25 per cent in in too.

Monday evening, the Central Bank report on the economy, the current account deficit was admonished about dangerous conditions. there, not completely under control of the price rise on concern. However RBI yesterday cut interest rates likely didn't fully deny.

From Government to industry veteran numaindon RBI Governor d subbarav had publicly insisted that by the time interest rates have cut the slack economy. to speed up the pace of all major industry. country be cambronne and bankers said the RBI that the repo rate (the interest rate at which banks short-term loans RBI) of at least 0.25 phisad Home and auto loan must be cut and more. rates will be cut.

Profit Of TCS

Software exporter Tata Consultancy services, the country's legendary [TCS] in net profits of 26.7 is tremendously of phisad. current fiscal year third quarter [October-December], the company's profit last year more than 3550 million rupees in the same quarter. the company has a net gain of 2803 crores.

In the reporting quarter corporate earnings rose 21.7 16070 phisad crores in the same quarter last year. income 13204 crores. company's Chief Executive and Managing Director n chandrashekhran on Monday announced the results in the quarter and said the company has outperformed all mobilisation. productivity and innovations from focusing on corporate earnings and profits at the beginning of the year the company has. According to the target set, the same development.

The company's operating margin increased 60 basis points in the quarter phisad 27.3. the company has appointed 17145 new employees total number of employees is more than 2, in the past three quarters 63637. the company has appointed a total 50,000 people. the company's Chief Financial Officer [CFO] in the year 2013 the s mangalam expressing hope the client on your operations and business development. this quarter by $ 10 million of TCS The number of annual income 14 more from 16 customers.