RBI may cut CRR by 1 per cent in December if FPI flows don’t revive, says BofAML report

Bank of America Merrill Lynch (BofAML) Monday said the RBI is likely to reduce the cash reserve ratio (CRR), or the amount of bank deposits parked with the central bank, by one percentage point in December, if the portfolio flows do not revive.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2CMMta2