Home RBI to discontinue I-CRR requirement for banks, funds to be released in phases RBI to discontinue Incremental Cash Reserve Ratio in a phased manner

RBI to discontinue Incremental Cash Reserve Ratio in a phased manner

The measure was intended to absorb the surplus liquidity generated by various factors, including the return of Rs.2,000 notes to the banking system

The measure was intended to absorb the surplus liquidity generated by various factors, including the return of Rs.2,000 notes to the banking system

Prasad Sawant
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