The banking system is set to receive a liquidity boost of ₹62,000 crore with the first phase of the CRR cut taking effect, injecting funds ahead of the festive season. This move aims to improve monetary transmission and stimulate economic activity, potentially leading to lower deposit and lending rates.
from Economic Times https://ift.tt/oxq6NEH
from Economic Times https://ift.tt/oxq6NEH
Festive-season boost: Rate-cut transmission to get a push as banking gets Rs 62,000 cr
![Festive-season boost: Rate-cut transmission to get a push as banking gets Rs 62,000 cr]()
Reviewed by শ্রী শ্রী সত্যনারায়ণ নমঃ
on
September 05, 2025
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