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Tag: CRR

Asia News

RBI Reduces CRR By 25 Basis Points

Today, the central bank, Reserve Bank of India has decreased the cash reserve ratio (CRR) by 0.25% and the new amount has been fetched at 4.25%. This move by Reserve Bank of India to reduce the CRR rate will infuse another Rs 17,500 crores into the banking system.

Posted on October 30, 2012 Author JIT Mukherjii Comment(0)

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