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SBI wants RBI to pay CRR interest

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News from the Real Estate and Financial / business sector to keep you updated. These are taken from RSS feeds, please click on the link in the article to read the complete news.

SBI wants RBI to pay CRR interest

Postby autoBOT » Mon Jun 17, 2013 9:30 am

The State Bank of India has said if the apex bank cannot reduce CRR rate, which is a must for lending rate cuts by banks, they should pay interest on cash reserves that banks park with the monetary authority.



Mon, 17 Jun 2013 03:31:33 GMT
Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm
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