Why CRR,SLR,REPO RATE,REVERSE REPO RATE is requred for RBI ?
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CRR,SLR,REPO RATE,REVERSE REPO RATE why this required for rbi reply as soon as possible ......
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Answer:
These are the tools with RBI, 1. To regulate the banks on common rates. 2. To control liquidity in the system 3. To avoid any wrong doing from banks 4. To balance the inflation and industrial growth
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