CRR hikes should have a sobering effect on demand

Last updated: 26 May 2021

Author : G Seetharaman/DNA Content : On Tuesday, Reserve Bank of India governor Yaga Venugopal Reddy released the quarterly monetary policy review, as part of which, he hiked cash reserve ratio by 25 basis points and repo rate by 50 basis points. Following are excerpts from Reddys interaction

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