RBI’s order on 100% incremental CRR may spell trouble for banks
The Reserve Bank of India has recently ordered the banks to deposit Rs 3,24,000 crore as CRR that was mobilised…
01 DEC 2016
The Reserve Bank of India has recently ordered the banks to deposit Rs 3,24,000 crore as CRR that was mobilised…
The Reserve Bank of India (RBI) cut its key lending rate—the repo rate— to 6.75 percent from 7.25 percent. This…