Credit Policy
Credit Policy
The reduction in the cash-reserve ratio of two percentage points was more than expected, and will release substantial funds to banks for additional lending or investment at higher returns. The additional liquidity will, however, lead to a further fall in interest rates, hurting the small savers who depend upon deposit interest as a significant source of income.

Politics
We can
The excerpts from `Count your chickens before they hatch', has impressed that `Passion is the key' (Business Line, October 1) to success. Though Gandhiji and Subash Chandra Bose had the same passion to win freedom for India, Gandhiji's adoption of the st yle to suit the culture ensured him success.

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