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Tuesday, February 7, 2023

Banks want funds in dormant accounts taken as CRR

Banks have reached out to the Reserve Bank of India (RBI) with a suggestion to count funds in unclaimed deposits and inoperative or dormant accounts towards the cash reserve ratio, or CRR, people familiar with the matter told ET.

from Banking/Finance-Industry-Economic Times https://ift.tt/sRjbcgp

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