RBI’s CRR move to put monthly burden of Rs 1050 crore on banks

Short resume:

money
80%
move
60%
liquidity
50%
demonetization
50%
RBI's CRR move to put monthly burden of Rs 1050 crore on banks

Reserve Bank’s move for banks to maintain excess cash reserve ratio (CRR) requirement is likely to put an additional burden of Rs 1,050 crore on a monthly basis on the banking system, says a report.
Source Daily News & Analysis
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