RBI Cuts CRR By 0.75 Percentage Points; To Infuse Rs 48,000 Cr
March 09, 2012 21:36 ISTMumbai, Mar 9: 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