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CRR News

Punjab & Sind Bank Secures Rs 3,000 Crore Through Inaugural Infrastructure Bonds

Jessica Bennett 18 Dec, 2024

Punjab & Sind Bank raises Rs 3,000 crore through maiden infrastructure bonds to expand lending capabilities, receiving bids of Rs 6,031 crore. The bonds, with a 10-year tenure, wil...

Business

Will RBI's CRR Cut Lead to Lower Bank Fixed Deposit Rates?

Sarah Mitchell 09 Dec, 2024

The recent reduction in the Cash Reserve Ratio (CRR) by the Reserve Bank of India (RBI) has raised questions about whether bank fixed deposit rates will decrease. Banking officials...