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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
Banking

RBI to discontinue I-CRR requirement for banks, funds to be released...

PGurus Newsdesk - 0
RBI decides to withdraw incremental cash reserve ratio by October 7 in a phased manner The Reserve Bank of India (RBI) has decided to discontinue...

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