Tag: Vostro accounts

Updated - August 10, 2023 at 09:51 PM. How much incremental CRR will need to be maintained?We have done internal calculations and bank-wise calculations. It will be a little above ₹1 lakh crore. On September 8, we will review this depending on the situation prevailing at that time. We also have to watch the credit off-take from the banking sector. Liquidity decisions are an internal decision of the RBI and a constant process, so we will do an internal review. Liquidity is a very dynamic number and depends on many factors such as growth rate, inflation...