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    HomeNewsOpinionStatus quo on rates for now, but CRR cut will keep financial conditions supportive for growth

    Status quo on rates for now, but CRR cut will keep financial conditions supportive for growth

    The infusion of durable liquidity, via the CRR cut, will help avoid any persistent liquidity squeeze, in turn giving MPC the time to assess the strength of the economic growth momentum and inflation pressures

    Gaurav Kapur
    December 06, 2024 / 15:02 IST
    The RBI decided to cut the cash reserve ratio (CRR) by 0.5% to 4% of banks’ net demand and time liabilities.
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