Mumbai: The Reserve Bank of India (RBI) will gradually unwind its requirement of mandating banks to park an additional 10% of their fresh deposits during a specific period with the central bank.

The Reserve Bank of India (RBI) on Friday said that it will discontinue Incremental Cash Reserve Ratio (ICRR) in a phased manner. ICRR will completely be removed by October 7. 25 per cent of the ICRR ...

On the NSE, except for IDFC First Bank, all the banking stocks surged from 0.31 per cent to 2 per cent. IDFC First Bank was down 0.52 per cent. banking stocks, icrr, Representative image. Source: ...

The market believes that the incremental cash reserve ratio was a strong signalling mechanism used by RBI to send the message that it was not pleased with the response of banks to variable reverse ...

The Reserve Bank of India (RBI) announced on August 10 that it will be imposing an incremental cash reserve ratio (ICRR) of 10 per cent on the increase in banks’ net demand and time liabilities (NDTL) ...

NEW DELHI: So, how can the RBI's decision to impose an incremental cash reserve ratio (ICRR) of 10% impact the liquidity in the banking system? According to analysts, the decision will lead to ...