Saturday, April 19, 2008

Banks ordered to set aside more reserves

(MUMBAI) India's central bank ordered banks to set aside more money to cool lending, adding to government efforts to rein in inflation running near a three-year high.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,275741,00.html?

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