Junk cash-reserve ratio mechanism
The time has now come for radical reforms to free the banking sector of its constraints especially for banks that are financially strong. Banks need operational freedom, board control, lesser regulatory control and better regulation.

Cut in bank rate and CRR -- To be or not to be that is the issue
If the minds of central bankers the world over have been traditionally inscrutable. Had that not been the case, Reserve Bank of India (RBI) governor Bimal Jalan might have been hard presssed to conceal his relief on the eve of the the monetary policy review (MPR) to be announced on Oct 29.

Roadmap to second generation reforms
The Reserve Bank of India's (RBI) upcoming monetary and credit policy should focus on executing the second generation of banking reforms and implement the unfinished agenda of completing total deregulation of interest rates, say bankers.


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