Tag: liquidity management

The Reserve Bank of India has decided to discontinue the incremental cash reserve ratio (I-CRR) in a phased manner. It has been decided that the amounts impounded under the I-CRR would be released in stages.The regulator had asked banks to park 10 per cent on the increase in their net demand and time liabilities (NDTL) between May 19, 2023 and July 28, 2023. The measure was intended to absorb the surplus liquidity generated by various factors, including the return of ₹2,000 notes to the banking system. It was...