CRR cut to release Rs 17,500 crore in liquidity
Reducing interest rates would not have made banks bolder, only a pick-up in investing activity would prompt them to start lending again
Says it is important not to lose sight of the primary objective of managing inflation and inflation expectations
Barclays' economists say CRR cut will pre-empt a prospective liquidity strain
The central bank reduced CRR by 25 bps
The move will hit the bottomline of banks by around 4%
Will launch a pilot project using Aadhar data to authenticate banking transactions
CEO of Aditya Birla Financial Services reacts to RBI policy
CMD of Bank of Baroda reacts to RBI policy
Says reporting of counterfeit notes has not improved on the expected lines
IOB CMD reacts to the CRR cut
YES Bank's MD & CEO reacts to CRR cut
Experts expect RBI to continue to support growth with a 50 bps cut in Jan-Mar quarter
Say CRR cut will not have any significant impact on their cost of funds
SBI chairman says successive interest rate cuts by central bank have failed to contain inflation
At present, the base rate of SBI stands at 9.75%
RBI decided to hold repo rates on Tuesday
CRR cut 25 bps, FM says govt will walk alone to face the growth-inflation challenge