.......... The RBI will cut CRR to improve system liquidity but it will not really help in easing liquidity by much. A 50 basis-point cut in CRR can add around Rs 32,000 crore to the system, which will not help much when liquidity is short by over Rs 2,00,000 crore. One-year CD (certificate of deposit) rates have gone up by 40 basis points to 10.2 percent over the past month and the rates will not come off by much on a CRR cut................
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