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#RBI WINDS FAIL TO BLOW #DEMONETISATION CLOUDS

RBI WINDS FAIL TO BLOW DEMONETISATION CLOUDS       In a time when the whole country is juggling with the old and new currency, RBI, in it’s fifth bi-monthly policy review for the year, today, kept the rates unchanged, falling against the…

RBI withdraws incremental CRR of 100%

Mumbai, Dec 7 (IANS) The RBI on Wednesday discontinued the incremental CRR of 100 per cent, aimed at absorbing the surplus liquidity with banks post-demonetisation, from the fortnight beginning December 10. "It has been decided to…