SBI seeks lower cash reserve ratio requirement on green deposits, says chairman Dinesh Khara
Business | February 16, 2024 12:47 ISTSBI introduced a green deposit scheme last month, a significant initiative in the domestic banking sector.
SBI introduced a green deposit scheme last month, a significant initiative in the domestic banking sector.
The Reserve Bank of India (RBI) on Friday allowed all the banks to hold EMIs for a period of 3 months. The development has come as the government's relief measures amid coronavirus lockdown in the country which has affected business and may lead to economic slowdown both national and globally.
RBI Governor Shaktikanta Das on Friday announced a reduction in the Cash Reserve Ratio (CRR) of all banks by 100 basis points to 3% of Net Demand and Time Liabilities with effect from the fortnight beginning March 28 for a period of 1 year.
Mumbai: Engineering exporters' apex body EEPC India today said the Reserve Bank should have given a special dispensation of interest rates to exports. In its mid-quarter monetary policy review, the RBI kept short-term lending rate
New Delhi, Jun 10: Ahead of the mid-quarterly review of RBI, Assocham has sought immediate cut in short-term lending rate and cash reserve ratio (CRR) by at least 100 basis points each from the central
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