RBI MPC meet: Central bank cuts CRR by 1%; to unlock Rs 2.5 lakh...

Dununu.com Dununu

Sponsor

RBI MPC meet: Central bank cuts CRR by 1%; to unlock Rs 2.5 lakh crore to bank funds by December

RSS Feed Business

Posted

44

In a significant move to bolster the economy, the Reserve Bank of India (RBI) has slashed the Cash Reserve Ratio (CRR) by 1%, injecting Rs 2.5 lakh crore into the banking system. Governor Sanjay Malhotra announced the phased reduction to 3% by November 2025, enhancing banks' lending capabilities.

Read Full Article

Please log in to like, share and comment!

Times Deepika gave regal vibes with her style

Deepika Padukone never fails to stun in what she wear, whether it’s a saree or a suit, her...

By 0 0

Sachin joins Aamir for a joyful evening: WATCH

Aamir Khan hosted a grand reception for Sachin Tendulkar, creating an unforgettable evening. The...

By 0 0

Air India Presents Power Creator Awards 2025

By 0 0

Experts doubt new budget can address Nepal’s economic challenges

KATHMANDU: Economic experts have expressed skepticism over the effectiveness of Nepal’s...

By 0 0

Musk vs Trump: Steve Bannon raises suspicion about Elon's 'black eye', says it will come up in 'one of the drug investigations'

By 0 5