CRR

Reserve Bank of India RBIBusiness

RBI cuts CRR by a steep 1%, to unlock Rs 2.5 lakh crore to bank funds by Dec

Reserve Bank on Friday decided to cut Cash Reserve Ratio (CRR) by a huge 1 per cent, which will unlock Rs 2.5 lakh crore liquidity to the banking system for le...

By NewsDrum Desk
Jun 06, 2025 11:47 IST 3 Min read
Reserve Bank Of India (RBI) Governor Shaktikanta Das (center) and other MPC members, before a press conference at the headquarters, in Mumbai, Friday, Dec. 6, 2024.Business
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Shaktikanta Das sounds more hawkish, hikes CRR to suck out over Rs 1 lakh cr excess liquidity
By NewsDrum Desk
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Reserve Bank of India (RBI) Governor Shaktikanta Das speaks during a press conference on monetary policy statement, at the RBI headquarters in MumbaiBusiness
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Representative imageBusiness
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