Crr

Despite CRR cut, liquidity deficit in banking system crosses Rs 2 trillion

This reduction in the CRR released primary liquidity of approximately Rs 1.16 trillion into the banking system

Markets Today: S&P 500 & Nasdaq at record, FIIs, Property Share IPO listing

In the previous trading session, the benchmark indices ended their five-day winning streak in response to the RBI Monetary Policy Committee's decision to maintain the repo rate at 6.5 per cent

Monetary policy review: RBI keeps rates unchanged, cuts CRR by 50 bps to 4%

Maintains neutral stance; sets stage for Feb rate action

RBI keeps repo rate unchanged: A policy addressing market microstructure

In all, the policy has travelled considerable space in addressing the emerging issues in financial services

What does RBI's policy decision mean for the markets? Experts weigh

RBI maintains the status quo on repo rate but cuts CRR by 50 bps what does it mean for the markets? Experts decode

RBI likely to hold rates for 11th straight time: Business Standard poll

May cut cash reserve ratio, lower growth and inflation projections

Money in the bank: Debate over cash reserve ratio's utility grows

Indians are flocking to invest in stocks, putting pressure on banks which need to strike a balance between deposits and loans

CRR reduction will help banks facing low deposit growth: SBI MD Tewari

Lowering the cash deposit ratio or the proportion of deposits which banks are mandatorily required to park with the RBI will help the lenders facing low deposit growth, SBI Managing Director Ashwini Kumar Tewari said on Monday. Conversations for such a cut are on, he told reporters here, clarifying that the country's largest lender does not need such a reduction as it is well placed on the liquidity front. There has not been any formal request for a CRR cut made either, he added. Speaking at an event organised by domestic rating agency Careedge, Tewari said, "We have to look at various avenues for helping tide over the challenge posed by lower deposit growth", and specifically mentioned a request to get bank deposits at par with capital market investments while referring to CRR and SLR. To a question on whether the bank has sought a CRR cut, he said, "We have not sought any formal dispensation, but it is a conversation we continue to have. I don't think there is any move to do this

SBI seeking lower CRR on green deposits, says chairman Dinesh Khara

Begins assessment of borrowers on ESG norms

SBI seeks lower reserve requirement for green deposits, says chairman

"We have put across the asks. One, of course, is a reduction in CRR for green deposits and second, if at all as a policy it can be incorporated," Khara said

CD issuances in September surged to FY24 high amid tight liquidity

The deficit liquidity neared Rs 1.47 trillion on 19 September, the highest since 29 January 2020, when the banking system liquidity deficit went up to Rs 3 trillion

Rupee settles near an all-time closing low as trade deficit widens

The surplus liquidity in the banking system fell to Rs 2,696 crore on Thursday ahead of the second tranche of Incremental Cash Reserve Ratio (I-CRR) disbursement on September 23

Markets log best weekly gains since June; indices near lifetime highs

Banking stocks gain after I-CRR rollback

RBI to discontinue incremental cash reserve ratio in a phased manner

The amounts impounded under the I-CRR will be released in stages so that system liquidity is not subjected to sudden shocks and money markets function in an orderly fashion

India bond yields end flat as all eyes on RBI's I-CRR review this week

The I-CRR could be reduced to 5%-8% in a phased manner from the current 10%, treasury officials have said

RBI's incremental CRR move a surprise, policy signal: Standard Chartered

The RBI asked banks to hold incremental CRR of 10% on an increase in deposits between May 19 and July 28 in Thursday's monetary policy decision, when it expectedly kept its key policy rate unchanged

India overnight rates jump on RBI's CRR tweak ahead of trading holidays

The weighted average interbank call money rate jumped to 6.66% from an average of 6.38% between Aug. 1 and Aug. 10, and above the policy repo rate of 6.5%

Banks to maintain 10% additional CRR from Aug 12 as temporary measure: RBI

Action is part of central bank's efforts to reduce surplus liquidity, it says after monetary policy announcement

RBI may tighten cash conditions, but it's unlikely to hike CRR: Traders

The banking system liquidity surplus has averaged around Rs 2.5 trillion ($30.19 billion) in August, up from Rs 1.6 trillion in July

SBI's maiden infra bond issue for Rs 10,000 cr oversubscribed 3.27 times

10-year paper priced at 7.51%, or about 17 bps above benchmark g-sec yield