Please explain what Do You Know About Crr Rate?
Submitted by: MuhammadCRR stands for Cash Reserve Ratio. It is the amount of funds that a commercial bank will have to keep with the reserve bank. If a bank brings down the rate with the RBI, the reserve will automatically come down and if there is an increase, there will be an increase in the reserve as well.
Submitted by: Muhammad
Submitted by: Muhammad
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