Measures to absorb the excess liquidity in the banks post demonetisation

Last updated: 19 December 2016

Reserve Bank of India (RBI) has taken several measures to absorb the excess liquidity in the banks post demonetisation. It has introduced incremental CRR of 100% on deposits collected between September 16 and November 11,2016 effective from the fortnight beginning November 26. Subsequently, RBI has

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