"cash-reserve-ratio-crr"

The CRR has been reduced from 4.5 per cent to 4 per cent. This is the first time since March 2020 that the CRR has been cut

Raises inflation target to 4.8 per cent from previous projection of 4.5 per cent for current fiscal

To help banks tide over the disruption caused by COVID-19, the CRR of all banks was reduced by 100 basis points to 3.0 per cent of net demand and time liabilities (NDTL)