September 8, 2023 9:14 PM
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RBI decides to discontinue Incremental Cash Reserve Ratio in a phased manner
RBI has decided to discontinue Incremental Cash Reserve Ratio which was put in place to absorb surplus liquidity following the withdrawal of 2,000 rupees currency notes, in a phased manner beginning tomorrow. The Reserve Bank of India (RBI) today decided to discontinue the Incremental Ca...