What can the India central bank do to infuse liquidity in the system
.... If RBI decides to announce a CRR cut in its policy review, it will be effective 23 March, and by that time the cash crunch in the system will be too high, following the outflow of advance tax payments. Of course, RBI can announce a CRR cut with retrospective effect, from 9 March. It had done so in the past, though rarely.......
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