Moneycontrol
Mar 16, 2012 09:30 AM IST | Source: CNBC-TV18

Union Budget 2012: CRR cut more important than rate cut for economy: SBI

SBI chairman Pratip Chaudhuri says that a CRR cut is more important because it augments the availability of funds in the economy.

In an exclusive interview to CNBC-TV18, Pratip Chaudhuri, chairman of State Bank of India, says that a cut in the cash reserve ratio (CRR) is more important because it augments the flow of funds or the availability of funds in the economy.

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