INSUBCONTINENT EXCLUSIVE:
Cutting banks' cash reserve ratio (CRR), or the amount of funds they set aside with the central bank, are among options that the central
bank could look at to improve liquidity in the system, a finance ministry official said on Tuesday.The Reserve Bank of India (RBI) could
also consider buying more bonds from the open market and open a special window for mutual funds to inject liquidity, the official told
reporters, declining to be identified as the discussions are not public.Presently, the CRR is at 4 percent of banks' total deposits.After
the headline, this story has not been edited by TheIndianSubcontinent staff and is published from a syndicated feed.)
