Cash Reserve Ratio

RBI Governor Shaktikanta Das with Deputy Governors Michael Debabrata Patra, M. Rajeshwar Rao, Swaminathan Janakiraman and Rabi Shankar arrive to address a press conferenceBusiness

Shaktikanta Das sounds more hawkish, hikes CRR to suck out over Rs 1 lakh cr excess liquidity

The Reserve Bank on Thursday raised the cash reserve ratio in an incremental 10 per cent in proportion to banks' liquidity, a move that will suck out over Rs 1...

By NewsDrum Desk
Aug 10, 2023 16:52 IST 3 Min read
Reserve Bank of India (RBI) Governor Shaktikanta Das speaks during a press conference on monetary policy statement, at the RBI headquarters in MumbaiBusiness
Incremental CRR move to help suck out Rs 1 lakh cr of excess liquidity: Shaktikanta Das
By NewsDrum Desk
Aug 10, 2023 13:06 IST 1 Min read
Indian Rupee Personal Finance Currency NotesBusiness
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