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Frequent Change of Cash Reserve Ratio -CRR

Posted on 01 April 2012,    
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Since 26.4.2010, the Cash Reserve Ratio (CRR) has been changed twice by the Reserve Bank of India (RBI) as per details given below.

Date

Change in CRR

28.01.2012

Reduced from 6 per cent to 5.5 per cent

10.03.2012

Reduced from 5.5 per cent to 4.75 per cent

 

          The main purpose of reducing the CRR is injection of primary liquidity in the system so as to assist the flow of credit growth to the productive sectors of economy, mitigate the downside risks  to growth and anchoring the medium term expectations to low and stable inflation.



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