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RBI keeps all key rates intact in fourth bi-monthly monetary policy

The RBI announced its fourth bi-monthly monetary policy on September 30, 2014. This follows the third bi-monthly monetary policy which was announced in August 2014. CRR The CRR of scheduled was kept unchanged at 4% of the bank’s NDTL (net demand and time liabilities). CRR refers to the proportion of its deposits that a bank… Read More »

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