Published 11:51 IST, August 10th 2023
RBI asks banks to set aside incremental cash reserve ratio
Banks shall maintain an incremental CRR of 10% on the rise in deposits between May 19 and July 28.
![RBI](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/8kgk9j9b1likznxx_1691645871_16_9.jpeg)
The move is to tighten liquidity in the near term | Image Credit: Pixabay | Image:
self
- Listen to this article
- 2 min read
Advertisement
11:51 IST, August 10th 2023