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RBI Tightens Liquidity After Repo Hike: What the 99% CRR Rule Means for EMIs and FDs
Days after raising the repo rate to 5.50%, the RBI has tightened banks’ daily liquidity rules and announced a ₹25,000 crore bond sale. Here is what the measures mean—and do not mean—for home-loan borrowers and FD savers.