Tag Archives: food supply

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 »