Why RBI Credit Policy is important?

Reserve Bank of India (RBI) Annual Policy Statement for the year 2008-09 announced on 29th April 2008.

We all know that RBI Credit & Monetary Policy directly impacts the banking and financial sector which include banks, financial institutions, NBFC’s, primary money market dealers and dealers in forex markets etc.

RBI Credit Policy also affects individuals & corporates. If RBI's policy results in tightening of money supply it affects borrowers more as banks become strict in lending. Also at times banks resort to increase in lending rates. However in such scenario depositors generally gain by increased deposit rates.

Main objective of RBI credit policy is to control inflation, ensure adequate supply of credit to encourage growth of the economy and maintain financial stability. If RBI policy today is able to even partly achieve the above objectives it will be for the good of all.

Comprehensive Guide for Doing Business in India

The Indian economy had been booming for the past few years. The adoption of the free market economy model has created great opportunities for foreign businesses. However, India continues to be ranked low on variety of indicators like Ease of Doing Business, Starting a Business, Dealing with Licenses, Employing Workers, Registering Property, Getting Credit, Protecting Investors, Paying Taxes etc.

In light of the above and the fact that the business scenario has witnessed sea changes in the last few years, Banknet has released the revised & updated second edition of its Bestselling publication 'Doing Business in India'.

The comprehensive & updated guide will be a useful tool for the foreign concerns planning to expand their businesses in India. This guide provides useful information on the complex business environment, aimed to help foreign businessmen and investors to develop a good understanding on key background knowledge for being successful in India.

“Doing Business in India” is available online on www.banknetindia.com