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    <title>RBI cuts CRR by a steep 1 pc, to unlock Rs 2.5 lakh crore to bank funds by Dec</title>
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    <description>Reserve Bank will reduce the Cash Reserve Ratio by 100 basis points to three percent in four equal tranches, releasing primary liquidity to the banking system to lower banks&#039; funding costs and support credit flow. The Statutory Liquidity Ratio is unchanged at eighteen percent. The Bank noted durable liquidity injections, a transition to surplus liquidity, muted response to Variable Repo Rate auctions, high Standing Deposit Facility balances, and a weighted average call rate at the lower end of the LAF corridor, and stated it will continue monitoring conditions.</description>
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