Effective Oct 11, CRR Is down 0.5%, as per Eco Times.
This won’t ease liquidity too much – that will only happen with a repo rate cut, and the RBI has to put more money in to be able to sell the bonds and bills they are selling this week.
RBI Cuts CRR by 0.50%
Like our content? Join Capitalmind Premium.
- Equity, fixed income, macro and personal finance research
- Model equity and fixed-income portfolios
- Exclusive apps, tutorials, and member community
Subscribe Now
Or start with a free-trial
Already a subscriber?
Login Now
Related Posts
It isn’t just about yesterday.
Let’s say a man, call him Ajay, has a heart attack while exercising in the gym. He was doing a deadlift with 60 kgs. 25 kgs as weights and 10 on the bar. ...
Looking for the best smallcase to invest in 2024? Make sure you look at these five things first.
There are hundreds of smallcases to choose from. Each month brings a new list of smallcases showing great short-term returns. But that's not how you should ...
The enduring myth of Great Companies
The top three most popular management books have sold over 10 million copies worldwide. By studying great companies in depth, they decode what made them great ...