Cutting Bank’s amounts of funds or Cash Reserve Ratio (CRR) they set aside with Central Bank of India, are among the options that the Central Bank look towards the improve liquidity in its system, today reports Finance Ministry Official.

RBI (Reserve Bank of India) may also consider purchasing more bonds from the open market as well as open a special entrance for Mutual Funds to increase liquidity, reports the official. It also rejected to be identified as the discussions are yet not public.

CRR presently holds 4 percent of Bank’s total deposits. After the statement, 10-years benchmark bond yield eased one basis points to 8.12 percent from the earlier news.

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Today is Happy International Mother Language Day celebrated Worldwide

Today is Happy International Mother Language Day celebrated Worldwide

by Susmita February 21, 2019
On February 21, International Mother Language Day is celebrated every year worldwide. This is the day to celebrate linguistic and cultural diversity. Around the whole world, there are more than 7,000 languages which are celebrated as multilingualism all where. International Mother Language Day reminds us that how languages help us to connect with each other and to communicate our feelings to others. These languages also help to empower us. According...