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Banks request RBI to not raise CRR in next monetary policy meet

Banks request RBI to not raise CRR in next monetary policy meet

Jun 08, 2022, at 05:50 am

Mumbai: Banks have approached the Reserve Bank of India (RBI), requesting not to further increase the Cash Reserve Ratio (CRR) threshold in the upcoming monetary policy meeting to allow credit growth amid already tightened liquidity following the last monetary policy in early May.