Wednesday, August 9, 2023

BANKING

The Reserve Bank of India (RBI) governor Shaktikanta Das on Thursday directed banks to set aside a larger part of incremental deposits under cash reserve ratio (CRR) to tighten liquidity in the near term. The remark from Das came while he was announcing key decisions of the Monetary Policy Committee (MPC) meeting held from August 8-10.

from Banking/Finance-Industry-Economic Times https://ift.tt/ekWNQjY
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