Reserve Bank of India deputy governor YV Reddy today said banks' cash reserve ratio (CRR) can be brought down to 3 per cent from the present level of 5.5 per cent early if it is done as part of a package.

Reserve Bank of India deputy governor YV Reddy today said banks' cash reserve ratio (CRR) can be brought down to 3 per cent from the present level of 5.5 per cent early if it is done as part of a package.
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First Published: Jan 17 2002 | 12:00 AM IST