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      Violent protests were being seen at various places in West Bengal regarding the Wakf Amendment Act. The police have arrested 150 people so far. Raids were conducted at several places last night in which 12 violent protesters were detained.      According to the information given by Uttarakhand Board Secretary Vinod Prasad Simalti, the result of class 10th and 12th board examinations will be released on 19 April 2025 at 11 am. As soon as the announcement of Nazis is announced, students or their guardians will be able to check the roll number on Ubse.uk.gov.in of UBSE or check the result from SMS.      Direct flight service from May 1, fares start from Rs 3669, traffic reduced at Delhi airport      The situation has gone out of control due to the huge crowd of devotees at Thakur Bankebihari temple. Crowds of devotees are gathering outside the temple, causing a lot of trouble to women and children.      A major road accident has occurred near Nekawala Toll Plaza on Manoharpur-Dausa National Highway in Jaipur, Rajasthan.
      Violent protests were being seen at various places in West Bengal regarding the Wakf Amendment Act. The police have arrested 150 people so far. Raids were conducted at several places last night in which 12 violent protesters were detained.      According to the information given by Uttarakhand Board Secretary Vinod Prasad Simalti, the result of class 10th and 12th board examinations will be released on 19 April 2025 at 11 am. As soon as the announcement of Nazis is announced, students or their guardians will be able to check the roll number on Ubse.uk.gov.in of UBSE or check the result from SMS.      Direct flight service from May 1, fares start from Rs 3669, traffic reduced at Delhi airport      The situation has gone out of control due to the huge crowd of devotees at Thakur Bankebihari temple. Crowds of devotees are gathering outside the temple, causing a lot of trouble to women and children.      A major road accident has occurred near Nekawala Toll Plaza on Manoharpur-Dausa National Highway in Jaipur, Rajasthan.
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RBI's gift to banks, CRR reduced from 4.5 percent to 4 percent

The Reserve Bank of India has given a big gift to the banks of the country. Governor Shaktikanta Das announced this after the decision taken in the monetary policy meeting. He said that this time the repo rate has not been changed. Rather, to control infl

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News Affair 24

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4 months ago

The Reserve Bank of India has given a big gift to the banks of the country. Governor Shaktikanta Das announced this after the decision taken in the monetary policy meeting. He said that this time the repo rate has not been changed. Rather, to control inflation, it has been decided to reduce the Cash Reserve Ratio i.e. CRR from 4.5 percent to 4 percent. With this, now the banks will not have a shortage of cash flow. With which they were struggling. This change has been made after 24 months. Due to which the system will be able to get about Rs 1.16 lakh crore extra.
What is CRR i.e. Cash Reserve Ratio
The reduction in CRR is part of RBI's easy monetary policy. When it wants to increase liquidity in the banking system and promote loans. Then the Reserve Bank cuts CRR. This reduction is very beneficial for the banks. Because they can now convert their idle non-income deposits into income-earning assets.
CRR helps commercial banks to create and maintain solvency position. So that the liquidity system remains consistent and good in all the banks. RBI gets the opportunity to control and coordinate the loans made by the banks through the CRR rate. Which helps in the smooth supply of cash and loans in the economy.

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