RBI slashes bank, repo rates and cash reserve ratio
The Reserve Bank of India on Monday complemented finance minister Yashwant Sinha's policy initiative in the Union budget 1999-2000 by slasing bank rate, repo rate and cash reserve ratio.

Select items under EPCG scheme exempted from 5% customs duty
Finance minister Yeshwant Sinha has spared the zero duty export promotion capital goods scheme from the 5% customs duty on some commodities imposed in the budget.

Reserve Bank pushes up WMA limit of states by 65%
The Reserve Bank of India, in a move to discipline state government finances, on Monday revised the scheme of ways and means advances to states on the basis of the Vithal Committee report.

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