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CBK cuts lending rate to 10.75pc to boost private sector credit
In making the latest cut on the CRR, the CBK said that despite cutting the base rate thrice between August and December 2024, lending rates have only declined marginally. Private ...
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What is Cash Reserve Ratio? Understanding RBI's liquidity management tool
The Cash Reserve Ratio is the percentage of a bank's public ... Support growth: Lowering the CRR during economic slowdowns boosts credit flow, encouraging investment and economic activity.