Tag Archives: CRR

RBI Monetary Policy Review -Dec 2012

By | December 18, 2012 11:26 am

Monetary and Liquidity Measures On the basis of the current macroeconomic assessment, it has been decided to: keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.25 per cent of their net demand and time liabilities; and keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 8.0 per cent.… Read More »

RBI Cuts CRR by 25 BPS mid quarter monetary policy review

By | September 17, 2012 11:32 am

Monetary and Liquidity Measures On the basis of an assessment of the current macroeconomic situation, it has been decided to: reduce the cash reserve ratio (CRR) of scheduled banks by 25 basis points from 4.75 per cent to 4.50 per cent of their net demand and time liabilities (NDTL) effective the fortnight beginning September 22,… Read More »