Depressing News For Banks,finance Stocks?

E

EARTHY8

Member
#1
#1
Reserve Bank of India will not pay any interest on the CRR balances ... daily balance which they are required to maintain under Section 42 of the RBI Act.
earthy8
 
R

RSI

Well-Known Member
#2
#2
EARTHY8 said:
Reserve Bank of India will not pay any interest on the CRR balances ... daily balance which they are required to maintain under Section 42 of the RBI Act.
earthy8
Click to expand...
Is it a news or rumour? If it is news, where did you hear or read it?
 
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