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Global Banking News-December 8, 2014--Chinese banks put pressure on central bank over reserve ratio
The Cash Reserve Ratio (CRR) is left unchanged at 4 percent.
RBI's first bimonthly monetary policy statement left the shortterm lending rate, or repo rate, unchanged at eight per cent and the cash reserve ratio static at four per cent.
Taipei, May 21, 2012 (CENS) -- China Banking Regulatory Commission (CBRC) recently announced raising the required loan reserve ratio to 2.
Tokyo stocks opened higher Monday as sentiment was lifted by China's move Saturday to cut its bank reserve ratio to boost the world's second largest economy.
The People's Bank of China announced Saturday a second 50bp cut in three months to the required reserve ratio (RRR) for Chinese banks, which will come into force Friday.
PTI NEW DELHI THE Reserve Bank of India in its quarterly review meet on Tuesday cut the cash reserve ratio (CRR) by 50 bps to ease tight liquidity pressure in the banking system.
Basci also said the bank could raise daily foreign exchange selling amount gradually and make additional reduction in foreign currency required reserve ratio in case TL lost extreme value due to global concerns in coming days.