Cash Reserve Ratio
Reserve Bank's latest move to soak up the entire surplus liquidity between September 16 and November 11 through incremental cash reserve ratio (CRR) will lead to over Rs 3 trillion outflow from banks and is likely to impact interest rate transmission, cautions a report.
4.22 PM Nov 28th
Banks have to park these deposits ( Sept 11 to Nov 26) with the RBI from the fortnight beginning November 26 as incremental cash reserve ratio (CRR). Based on the latest numbers available about Rs 3.24 trillion of deposits will have to be parked with the central bank starting from Saturday
3.35 PM Nov 28th
Source:DNA India - Pratip Chaudhuri, the chairman of the State Bank of India (SBI), will not cede ground. No way. He says the debate on the necessity of cash reserve ratio (CRR) is not dead and buried. It needs to be brought to the fore, and done away with to bolster the economy, the eminent banker
12.49 PM Feb 7th 2013
Source:Business Standard - I was a little surprised by the stock market s initial adverse reaction to the monetary policy. Though a quarter-percentage point cut in the repo rate was certainly anticipated by the markets, the cut in the cash reserve ratio wasn t. So it couldn t entirely have been
1.01 PM Feb 5th 2013
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