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RBI offers exemption from CRR maintenance for incremental credit paid to automobiles, residential housing, & MSMEs

February 11, 2020
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The Reserve Bank of India (RBI) has offered banks Cash Reserve Ratio (CRR) exemption for five years for incremental credit disbursed to automobiles, residential housing, and micro, small and medium enterprises (MSMEs) between 31 Jan-31 July, 2020.
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