The Impact of CRR, Repo Rate and Reverse Repo Rate on the Movement of BSE Bankex in IndiaTo maintain healthy banking practices, the Reserve Bank of India formulates and executes a monetary policy with clear-cut goals and tools to be used. Monetary pSingh, Anurag Bahadur...
As and when the government needs to pump funds into the system, it lowers the CRR rate. This in turn helps the bank provide loans to a large number of industries and businesses for investment purposes. Lower CRR boosts the growth rate of the economy. Deposit Multiple = 1/ Reserve Ratio ...
RBI hikes CRR by 75 bps, No Change in Reverse Repo Rate and Repo rateraj kumar makkadPrint this