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As we all know - the RBI has raised the Cash ReserveRatio (CRR) by 25 bps - in April 2010. What action will banks have to take to implement thesame?(1) They will have to deposit some more money with theRBI as reserve money.(2) Banks will be required to give some more loan toprojects of the priority sector.(3) Banks will be required to give a loan equivalent tothe CRR to the Govt. of India for its day to dayexpenditure as and when required.

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As we all know - the RBI has raised the Cash ReserveRatio (CRR) by 25 bps - in April 2010. What action will banks have to take to implement thesame?(1) They will have to deposit some more money with theRBI as reserve money.(2) Banks will be required to give some more loan toprojects of the priority sector.(3) Banks will be required to give a loan equivalent tothe CRR to the Govt. of India for its day to dayexpenditure as and when required.






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