RBI Withdraws the Incremental CRR

Last updated: 07 December 2016

OnNovember 26, 2016the Reserve Bank had announced an incremental cash reserve ratio (CRR) of 100 per cent of the increase in net demand and time liabilities (NDTL) of scheduled banks between September 16, 2016 and November 11, 2016 effective the fortnight beginning November 26, 2016. It was intended

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