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RBI should revisit its liquidity policy, rethink using CRR as a regulatory intervention tool: SBI Report – The Times of India

RBI should revisit its liquidity policy, rethink using CRR as a regulatory intervention tool: SBI Report – The Times of India

NEW DELHI: The Reserve Bank of India (RBI) might start using the cash reserve ratio (CRR) as a tool for regulatory intervention rather than for liquidity management, a report by the State Bank of India revealed.The report stressed on the need for the apex bank to revise its current liquidity management framework.At present, the RBI uses many measures to manage …

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