Profit This Week: RBI cuts CRR by 0.75%; Greece averts default
By Shivani Muthanna | Published On: March 12, 2012 00:32 (IST) | Duration: 24 min, 02 sec
The RBI cuts CRR by 0.75 per cent, injecting greater liquidity. Greece averts a default clearing the way for a second international bailout. L&T gets a new chief, K Venkataramanan replaces AM Naik. Kingfisher fears reaching a point of no return as bank accounts get frozen.