Rbi Cash Reserve Ratio
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Sensex Up By 700 Points After RBI Cuts Repo Rate By 50 Basis Points
The Indian benchmark indices surged on Friday after the RBI Governor Sanjay Malhotra announced a jumbo 50 bps rate cut from 6 per cent to 5.5 per cent and a 100 basis point cut in the Cash Reserve Ratio (CRR), from 4 per cent to 3 per cent.
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RBI To Reduce Incremental Cash Reserve Ratio Maintenance In Phases
The Reserve Bank of India will wind down, in phases, the incremental cash reserve ratio (I-CRR) requirement imposed on banks by October 7, it said on Friday.
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Reserve Bank of India raises credit rate; repo rates unchanged
The RBI has hiked the cash reserve ratio to 5.75%, while keeping key policy rates unchanged. The inflation projection has been raised to 8.5% amid concerns over rising food prices.
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Sensex Up By 700 Points After RBI Cuts Repo Rate By 50 Basis Points
The Indian benchmark indices surged on Friday after the RBI Governor Sanjay Malhotra announced a jumbo 50 bps rate cut from 6 per cent to 5.5 per cent and a 100 basis point cut in the Cash Reserve Ratio (CRR), from 4 per cent to 3 per cent.
-
RBI To Reduce Incremental Cash Reserve Ratio Maintenance In Phases
The Reserve Bank of India will wind down, in phases, the incremental cash reserve ratio (I-CRR) requirement imposed on banks by October 7, it said on Friday.
-
Reserve Bank of India raises credit rate; repo rates unchanged
The RBI has hiked the cash reserve ratio to 5.75%, while keeping key policy rates unchanged. The inflation projection has been raised to 8.5% amid concerns over rising food prices.
