In a bold move to reinforce liquidity and credit growth, the Reserve Bank of India (RBI) has announced a 100…
Tag: CRR
Bajaj Finance shares jump 5% after RBI cuts repo rate by 50 bps, CRR by 100 bps
Shares of Bajaj Finance jumped 5.5% to hit an intraday high of Rs 9,425.5 on the BSE in Friday’s trade,…
RBI MPC – ‘Bold, strategic’: Financial experts laud RBI MPC decision to cut 50 bps repo rate, 100 bps CRR
Financial experts have lauded the Reserve Bank of India’s decision to slash repo rate by 50 bps to 5.5 per…
‘BrahMos, Pinaka, Akash activated together’: RBI’s 100 bps CRR cut floods banks with lending firepower
In a powerful one-two monetary punch, the Reserve Bank of India on Friday cut the Cash Reserve Ratio (CRR) by…
BT Banking & Economy Summit : Has CRR run its utility?
Given that India’s banking system is grappling with a liquidity deficit, questions have been raised about the role of the…