Effective Oct 11, CRR Is down 0.5%, as per Eco Times.
This won’t ease liquidity too much – that will only happen with a repo rate cut, and the RBI has to put more money in to be able to sell the bonds and bills they are selling this week.
Effective Oct 11, CRR Is down 0.5%, as per Eco Times.
This won’t ease liquidity too much – that will only happen with a repo rate cut, and the RBI has to put more money in to be able to sell the bonds and bills they are selling this week.