Excess CRR requirement

Demonetisation: RBI's CRR move to put monthly burden of Rs 1,050 cr on banks

Reserve Bank's move for banks to maintain excess cash reserve ratio (CRR) requirement is likely to put an additional burden of Rs 1,050 crore on a monthly basis on the banking system, says a report.

Nov 30, 2016, 19:57 PM IST