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Money & Banking - CRR & Bank Rates
`Welcome measures'

Mumbai, Nov. 1

The reduction in SLR, CRR and REPO are welcome measures to meet the objectives of maintaining adequate liquidity and financial stability as well as conditions conductive to economic growth. The fundamentals in Indian economy and banking sector are strong and these measures will help banking sector to play its role of financial intermediation and will keep the economy on growth path amidst the challenging global condition, according to Ms Chanda Kochhar, Joint Managing Director, ICICI Bank. - Our Bureau

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Stories in this Section
Chola DBS gets RBI nod for $50 m ECB


NBFCs hope banks will take RBI’s cue
You can lead a horse to water...
RBI opens liquidity tap again; signal for rate cuts
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RBI plans buyback of market stabilisation scheme securities
IDBI Bank cuts retail lending rates
Timing evokes mixed response
Apex chambers hail RBI move
Rate cut: Banks have to ‘wait and watch’
‘Firmest signal for banks to act’
‘System requires money now’
`Welcome measures'
`Strong signals to banks'
`Excellent move by RBI'
Markets may see easing of selling pressure
Allahabad Bank cuts NRE rates
Rs 40,000 cr deposits in co-op sector
Development Credit Bank CEO resigns




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