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2 mins read
RBI decides to withdraw incremental CRR in phased manner and release it by Oct 7
The Reserve Bank on Friday decided to discontinue the Incremental Cash Reserve Ratio (I-CRR), wh…
3 mins read
RBI tries to boost forex reserves by easing NRI deposit norms
The Reserve Bank of India (RBI) on Wednesday announced a series of measures to boost foreign exchan…
2 mins read
CRR-exempted loans: RBI says deduction only on incremental lending
Subsequently on February 10, the RBI had clarified that the CRR exemption will be for five years f…
PTI
3 mins read
Lending from CRR buffer to get 5-yr exemption: RBI
At the sixth bimonthly monetary policy on February 6, the RBI had said, "Banks can deduct the equi…
PTI
1 min read
RBI cuts repo rate by 75 bps to 4.4 pc; slashes CRR by 100 bps
The central bank also reduced the cash reserve ratio (CRR) of all banks by 100 basis points to 3 p…
PTI
2 mins read
Banks can save Rs 7,400 cr from lending against CRR, earn Rs 480 cr in additional profits: Report
"We believe that banks' profitability will increase by Rs 480 crore (at 6.5 percent G-sec yield) w…
PTI
2 mins read
Decoded: Here’s how repo rate cut will help home-buyers and affect FD investors
Now, it all depends on the banks as since 2015, despite the RBI slashing the repo rate by 1.50%, th…
2 mins read
6 reasons why RBI Raghuram Rajan maintained status quo
Rajan said the budget needed to support growth and check spending. Rajan said the growth had also s…