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Friday, March 9, 2012
RBI Cuts CRR By 0.75 Percentage Points; To Infuse Rs 48,000 Cr - YouTube
To ease liquidity situation, the Reserve Bank today slashed CRR—the portion of deposits banks are required to keep with the central bank—by 0.75 percentage points, a step that will infuse Rs 48,000 crore into the economy.
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