RBI Governor Shaktikanta Das on Wednesday announced that the Central Bank has decided to increase the cash reserve ratio (CRR) by 50 basis points to 4.5 per cent of net demand and time liabilities (NDTL), effective from the fortnight beginning May 21, 2022.  “ in keeping with the stance of withdrawal of accommodation and in … Continue reading RBI increases cash reserve ratio (CRR) by 50 basis points