News From Press One-minute guide: Four tools to absorb excess liquidity from the economy

One-minute guide: Four tools to absorb excess liquidity from the economy

Source: Mint Dec 6, 2016

Last week, the Reserve Bank of India (RBI) announced a rare measure to increase the incremental cash reserve ratio (CRR) to 100% of net demand and time liabilities raised between 16 September and 11 November 2016.

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