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    HomeNewsBusinessMarketsFiscal Deficit: Expect CRR at 3-4% during FY13: Moses Harding

    Fiscal Deficit: Expect CRR at 3-4% during FY13: Moses Harding

    CRR will be at 3-4% during the course of FY13 to adjust shortfall of rupees, says Moses Harding, Head - ALCO and Economic & Market Research, IndusInd Bank.

    February 29, 2012 / 16:15 IST

    CRR will be at 3-4% during the course of FY13 to adjust shortfall of rupees, says Moses Harding, Head - ALCO and Economic & Market Research, IndusInd Bank.

    There is serious discussion in the market demanding immediate CRR cut from RBI on LAF drawdown hitting a peak of Rs.1.8 Trillion at start of the current fortnightly reporting cycle. Is this a serious problem to expect an immediate policy action ahead of midterm review on 15th March? It is definitely not. Let us get into details. Initially, it was RBI
    first published: Feb 29, 2012 12:54 pm

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