Mar 02, 2012, 06.16 PM | Source: Reuters

RBI deputy gov: options open on CRR cut

INDIA-RBI-CRR:RBI deputy gov: options open on CRR cut

MUMBAI (Reuters) - Reserve Bank of India Deputy Governor H.R. Khan said on Friday that options were open on a further cut in the cash reserve ratio (CRR) for banks, but a view had not yet been taken.

Further debt buying through open market operations are also not ruled out, he said.

(Reporting by Shamik Paul; Editing by Ted Kerr)


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