CRR

TNI Bureau: In a huge relief to the millions of home buyers in India, the Reserve Bank of India (RBI) has reduced the repo rate and CRR (Cash Reserve Ratio) by 25 basis points each. As a result, the home loans will become cheaper and the…

TNI Bureau: The Reserve Bank of India kept the Cash Reserve Ratio (CRR) and repo rate unchanged. The central bank would bring a huge relief to the loan takers as it hinted at the rate cut in the third quarter policy review, which is slated…

TNI Bureau: The Reserve Bank of India (RBI) cut the cash reserve ratio (CRR) by 25 basis points for banks a day after Union Finance Minister P Chidambaram unveiled fiscal consolidation plan to promote investments and reduce inflation.…

TNI Bureau: The Reserve Bank of India (RBI) cut the reserve ration (CRR) by 0.25 per cent, but kept the interest rates unchanged at 8 per cent. The cut in CRR is likely to allow the banks to bring down the lending rates and improve…

TNI Bureau: The Reserve Bank of India (RBI) on Monday stunned the investors and debtors, keeping the repo rate and the Cash Reserve Ratio (CRR) unchanged at 8.0 per cent and 4.75 per cent, respectively, at its mid-quarter monetary policy…