India's RBI Opts Out of Key Cash Tool for the Second Time, Sparking Policy Shift Speculations

The Reserve Bank of India (RBI) has notably decided to bypass a critical cash management tool, stirring conversations about its implications for monetary policy. This marks the second consecutive quarterly meeting where the RBI has chosen not to utilize the cash reserve ratio (CRR) as a monetary policy instrument, igniting speculation regarding the central bank's direction amid evolving economic conditions.

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