India: RBI cuts CRR; Move will inject Rs 320 billion

Submitted by PTI on

Mumbai, Jan 24 (PTI) The Reserve Bank of India (RBI) today announced a 0.5 percentage point cut in cash reserve ratio to inject Rupees 320.0 billion (about USD 6.4 billion) into the system, but the

India: RBI cuts CRR; Move will inject Rs 320 billion

Submitted by PTI on

Mumbai, Jan 24 (PTI) The Reserve Bank of India (RBI) today announced a 0.5 percentage point cut in cash reserve ratio to inject Rupees 320.0 billion (about USD 6.4 billion) into the system, but the

India: RBI cuts CRR; Move will inject Rs 320 billion

Submitted by PTI on

Mumbai, Jan 24 (PTI) The Reserve Bank of India (RBI) today announced a 0.5 percentage point cut in cash reserve ratio to inject Rupees 320.0 billion (about USD 6.4 billion) into the system, but the

India: RBI cuts CRR; Move will inject Rs 320 billion

Submitted by PTI on

Mumbai, Jan 24 (PTI) The Reserve Bank of India (RBI) today announced a 0.5 percentage point cut in cash reserve ratio to inject Rupees 320.0 billion (about USD 6.4 billion) into the system, but the

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