Frequent Change of CRR.

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....requent Change of CRR. <br>News and Press Release<br>Dated:- 30-3-2012<br><BR>Press Information Bureau Government of India Ministry of Finance 30-March-2012 17:28 IST Frequent Change of CRR S....

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....ince 26.4.2010, the Cash Reserve Ratio (CRR) has been changed twice by the Reserve Bank of India (RBI) as per details given below. Date Change in CRR 28.01.2012 Reduced from 6 per cent to 5.5 per ....

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....cent 10.03.2012 Reduced from 5.5 per cent to 4.75 per cent The main purpose of reducing the CRR is injection of primary liquidity in the system so as to assist the flow of credit growth to the pro....

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....ductive sectors of economy, mitigate the downside risks to growth and anchoring the medium term expectations to low and stable inflation. This information was given by the Minister of State for Finan....

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....ce, Shri Namo Narain Meena in written reply to a question in the Lok Sabha today. SS/SL<BR> News - Press release - PIB....