RBI decides to discontinue I-CRR in a phased manner
A Reserve Bank of India (RBI) logo is seen inside its headquarters in Mumbai. File | Photo Credit: Reuters RBI has decided to discontinue the incremental Cash Reserve Ratio (I-CRR) in a phased manner. “Based on an assessment of current and evolving liquidity conditions, it has been decided that the amounts impounded under the I-CRR…
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