RBI Raises Daily CRR Maintenance Requirement to 99% From October 16
The Reserve Bank of India (RBI) has increased the daily Cash Reserve Ratio (CRR) maintenance requirement for banks to 99%,
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CRR
RBI Daily CRR Requirement Hike May Tighten Bank Liquidity
The Reserve Bank of India’s changes to cash reserve requirements are expected to have implications for banking-system liquidity and banks’
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