.........The RBI has played its part perfectly by not yielding to the pressure from various quarters for reducing the key interest rates, but has instead reduced the Cash Reserve Ratio (CRR) from six to 4.25 per cent during the year, which has infused over Rs.75,000 crore into the banking system. Most banks have passed on the benefit to the end customer by coming out with a slew of offers including reduced interest rates.........
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