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Cash Reserve Ratio

Cheer Up! Fixed Deposit Rates May Rise As RBI Aims To Restore CRR

indbadmin Feb 5, 2021
New Delhi: After a year of gloom and downward trend, the interest rate on bank fixed deposits may go up from April as the Reserve Bank of India (RBI) announced the restoration of the Cash Reserve Ratio (CRR) of banks. In its first monetary…

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