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Why the 50 bps CRR cut may not move the needle

If banks don’t respond to the CRR cut by passing on the excess liquidity to the borrowers through cheaper loans, the ball will be back in the RBI’s court to offer a growth stimulus post the disappointing Q2 numbers.

December 10, 2024 / 08:43 IST
RBI cut CRR by 50 bps in the last policy meeting
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