RBI to manage liquidity through Incremental cash reserve ratio
Date : Nov 26, 2016 RBI Announces Measures to Manage Liquidity Conditions With the withdrawal of the legal tender status of ₹ 500 and ₹ 1,000 denomination bank notes (hereafter referred to as Specified Bank Notes – SBNs) beginning November 9, 2016, there has been a surge in deposits relative to the expansion in bank… Read More »