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IN TODAY'S PAPER
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CITY NEWSLINES
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WEEKLY FEATURES
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| RBI drains out excess liquidity |
| Cash reserve ratio raised to 5%; banks may find the going tough |
| In a bid to tame the runaway inflation, the Reserve Bank today resorted to the familiar liquidity-sucking move of raising the cash balance that banks have to maintain with it. ... | Read.. |
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TeleSynergy COO James Y. Kou (centre) with Descon managing director S. Radhakrishnan (left) in Calcutta on Saturday. Picture by Kishor Roy Chowdhury
Taiwan firm in pact with Descon |
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