Is the RBI giving banks more freedom?
For years, the RBI’s tight grip has meant banks bore multiple costs—idle cash, forced bond buys, and directed lending. With long-term deposits drying up, is the massive CRR cut the beginning of an easier regulatory paradigm?
For years, the RBI’s tight grip has meant banks bore multiple costs—idle cash, forced bond buys, and directed lending. With long-term deposits drying up, is the massive CRR cut the beginning of an easier regulatory paradigm?
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