Interest on CRR: banknetindia.com


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message

Name :	Akshat
Subject:	Interest on CRR
Message :	No!! the crr prevents a run on the bank. higher interest rate on the crr balances will help banks bottomlines. something which they need. with the easing of minimum balance from 65% to 50% (on crr) and higher interest rates...the banks will have to be more savy.