Indian Financial System – Components and Functions

Indian Financial System

Indian Financial System – An Overview Indian Financial System : A Financial system means the structure that is available in an economy to mobilize the capital from various surplus sectors to the economy and allocate & distribute the same to the various needy sectors. The transformation of Savings into investment & Consumption is facilitated by … Read more

Cash Reserve Ratio, Statutory Liquidity Ratio and difference between them

Cash Reserve Ratio

What is CRR or Cash Reserve Ratio? The Reserve Bank of India or RBI mandates that banks store a proportion of their deposits in the form of cash so that the same can be given to the bank’s customers if the need arises. The percentage of cash required to be kept in reserves, vis-a-vis a … Read more