RBI may slash cash reserve ratio to 9.5%
The Reserve Bank of India (RBI) is unlikely to aggressively reduce banks' cash reserve ratio (CRR) over the next 12 months, a Reuters poll of 26 banks and corporates showed.

Ministry forms panel to solve terminal charge tangle
The ministry of petroleum and natural gas has formed a committee to look into the issue of paying terminal charges by marketing companies to independent refiners.

Bank rate likely to be pegged at 7.5 per cent
The Reserve Bank of India's (RBI) bank rate, at which it refinances commercial banks, is likely to edge half a percentage point below current levels around 8% over the next 12 months, a Reuters poll released on Friday showed.


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