Cash Reserve News

Industry

CII asks RBI to cut repo rate, cash reserve ratio

CII has also asked for a backstop facility to address liquidity crisis at NBFCs, and relief for MSMEs, besides a refinance facility for mutual funds.

1 min read18 Jan 2019
Companies

Once cash rich, India’s demands erode 90% of ONGC’s war chest

ONGC's cash reserves dropped to about Rs1,000 crore as on 31 March from nearly Rs13,000 crore a year earlier after its HPCL acquisition and dividend payout to the government

2 min read11 Jun 2018
Companies

Coal India: Higher capex on non-core operations seen as a drag on cash reserves

Coal India has allocated Rs15,000 crore capex for this year, out of which Rs6,500 crore28% higher than last year's allocationis for non-core operations

2 min read7 Jun 2017
Market

RBI mantra: Look forward to deftly manage cash and forex

For every dollar it buys, RBI releases rupees into the banking system, which is already awash with surplus cash after demonetisation

1 min read13 Apr 2017
Market

Rupee’s surge may push RBI to use rare cash tool

RBI may consider raising the cash reserve ratio for the first time since 2010 if deposits accumulated due to demonetisation don't flee over the coming months

2 min read20 Mar 2017
Industry

RBI’s excess capital should fund PSU banks, ARC: Economic Survey 2017

Economic Survey says RBI's surplus cash can be used to extinguish bad loans in PSU banks and setting up a state-owned asset reconstruction company

2 min read31 Jan 2017
Industry

RBI says to withdraw temporary CRR hike

RBI says the temporary cash reserve ratio (CRR) hike withdrawal will start in the fortnight beginning 10 December

1 min read7 Dec 2016
Politics

RBI monetary policy meeting: 3 things the market is keenly watching

From RBI's estimation of growth and inflation, to its move on cash reserve ratio, the market is closely watching for the monetary policy statement

2 min read6 Dec 2016
Money

One-minute guide: Four tools to absorb excess liquidity from the economy

CRR is the percentage of a bank's time and demand liabilities that needs to be kept as cash with RBI

2 min read5 Dec 2016
Industry

RBI’s CRR move to put monthly burden of Rs1,050 crore on banks

According to experts RBI's move for banks to maintain excess cash reserve ratio is likely to result into over Rs3 trillion outflow

1 min read30 Nov 2016
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