Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

RBI tightens liquidity after rate rise, raises daily CRR maintenance to 99%

The RBI raised minimum daily CRR maintenance to 99 per cent from October 16 and announced a ₹25,000 crore bond sale on October 13 to align overnight rates with the repo rate.

RBI tightens liquidity after rate rise, raises daily CRR maintenance to 99%

We haven't written up this one. Business Standard IN has the full story — the link below goes straight to it.

Read the original at business-standard.com →

More in Finance & Markets

More from Friday 9 October →