In the bi -monthly monetary policy assessment of June 2025, RBI decided to reduce the CRR with 100 basic points (BPS) to 3.0 percent of banks deposits on a spread The proceeds from government safety (G -SECs) can receive support from the liquidity that will be released in the banking system as the first of […]
In a rare fit of generosity, the Monetary Policy Committee (MPC) decided in its June meeting to lower the Repo rate with 50 basic points and to beat the Cash Reserve Ratio (CRR) for banks with 100 basic points. The CRR section will be phased out from September to November over four tranches. Both REPO […]