RBI to discontinue incremental cash reserve ratio ICRR in phased manner. Know all about ICRR – 08/09/23
Latest about ICRR (Incremental Cash Reserve Ratio) On 08th Sept 2023, RBI has decided to discontinue the I-CRR (Incremental Cash Reserve Ratio) in a phased manner. The press release by RBI is quoted below: “In pursuance of Governor’s Monetary Policy Statement of August 10, 2023, scheduled banks were required to maintain an incremental cash reserve … Read more