Cutting cash reserve ratio can improve liquidity: finance ministry official
- By Reuters |
- Sep 25, 2018
- Last Updated at 15:03 IST
.jpg)
NEW DELHI (Reuters) - Cutting banks' cash reserve ratio (CRR), or the amount of funds they set aside with the central bank, are among options that the central bank could look at to improve liquidity in the system, a finance ministry official said on Tuesday.
The Reserve Bank of India (RBI) could also consider buying more bonds from the open market and open a special window for mutual funds to inject liquidity, the official told reporters, declining to be identified as the discussions are not public.
Presently, the CRR is at 4 percent of banks' total deposits.
After the comments, the 10-year benchmark bond yield eased 1 basis point to 8.12 percent from before the news.
RELATED NEWS
Posted at 11:13 AM
Posted on 22- Feb- 2019
Posted on 22- Feb- 2019
Posted on 22- Feb- 2019
Posted on 22- Feb- 2019
Posted on 21- Feb- 2019
Posted on 20- Feb- 2019
Posted on 18- Feb- 2019
Posted on 14- Feb- 2019
Posted on 13- Feb- 2019
The Big Stories
France's Macron says EU farming 'under threat', needs big budget... Read More
Shareholders of Jet Airways approve debt-for-equity swap... Read More
Indonesia asks India to cut palm oil tariffs in exchange for sugar imports... Read More
China's Xi: financial sector must serve the real economy... Read More
Trump says he's inclined to extend China trade deadline and meet Xi soon... Read More
Fed's policy pause sets stage for broad overhaul... Read More
LIVE ADVISORY
TESTIMONIALS
SACHIN PATEL
Good performance services ..Keep up the good work!!! Really appreciate your effort.
SACHIN PATEL
Good performance services ..Keep up the good work!!! Really appreciate your effort.
Dr. Ravindra Dhivare
Advisorymandi.com is really appreciable . As they give proper calls & levels with proper SL. Advis... Read More
Dr. Ravindra Dhivare
Advisorymandi.com is really appreciable . As they give proper calls & levels with proper SL. Advisorymandi,com teaches us, how to trade in share market in proper way. Personalized services also tell you about your services like, phone calls, reminders & other suggestions are really very appreciable with polite conversations. Outstanding team effort as they are very cooperative , polite and helps in sorting out problems and queries in best possible manner.
SHAKTI
Working with Advisorymandi.com was the best decision of my life. The work is highly credible. A BIG... Read More
SHAKTI
Working with Advisorymandi.com was the best decision of my life. The work is highly credible. A BIG THANKS for their virtuoso services.
ADITYA
ADVISORYMANI.COM is a platform where you can know everything about share market and how to trade?It... Read More
ADITYA
ADVISORYMANI.COM is a platform where you can know everything about share market and how to trade?It is a best Platform for a beginner who has just started trading. Employee of advisorymandi are very friendly. They are always ready for you to help in any condition. From my opinion every beginner who wants to be a successful trader , they the should join "ADVISORYMANDI.COM"
MANDEEP
YOUR WORK SPEAKS VOLUMES OF THE KIND OF CONCEPTS IT IS-EFFICIENT,ORGANIZED and RESULT ORIENTED. WELL... Read More
MANDEEP
YOUR WORK SPEAKS VOLUMES OF THE KIND OF CONCEPTS IT IS-EFFICIENT,ORGANIZED and RESULT ORIENTED. WELL DONE!! ADVISORYMANDI.COM AND TEAM
OPINION POLL
Will Nifty breach 10600 till expiry?
- YES
- NO
- CAN'T SAY
