RBI issues notification on CRR leeway for new retail, MSME loans

News:RBI has exempted banks from maintaining cash reserve ratio(CRR) for loans to retail and micro, small and medium enterprises for five years if these loans are extended between January 31 and July 31,2020. Facts: About CRR: The Cash Reserve Ratio refers to a certain percentage of total deposits the commercial banks are required to maintain… Continue reading RBI issues notification on CRR leeway for new retail, MSME loans