RBI should revisit its liquidity policy, rethink using CRR as a regulatory intervention tool: SBI Report – The Times of India
NEW DELHI: The Reserve Bank of India (RBI) might start using the cash reserve ratio (CRR) as a tool for regulatory intervention rather than for liquidity management, a report by the State Bank of India revealed.The report stressed on the need for the apex bank to revise its current liquidity management framework.At present, the RBI…