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CRR hike necessary to manage excess liquidity: Shaktikanta Das, DEA Secretary – Economic Times

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Economic Times
CRR hike necessary to manage excess liquidity: Shaktikanta Das, DEA Secretary
Economic Times
NEW DELHI: Finance Ministry today said RBI's raising CRR became necessary due to increase in liquidity in the system as large sums of money in the form of scrapped Rs 500/1000 notes is being deposited by the public in banks. The Reserve Bank on …
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