Recent spike in #inflation is expected to be short lived. Incremental #CRR is a purely temporary measure, will be reviewed before or by September 8, says @RBI Governor @DasShaktikanta in Post Monetary Policy Press Conference

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87% of ₹2,000 notes have come back to deposits of the banks. Upto the #banks & boards to decide reasonable tenors, #RBI will not define that, we have already held discussions with banks on this front, adds @RBI Governor @DasShaktikanta

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Internal calculation suggests, net impact of #ICRR will be a little more than ₹1 lk cr. Incremental CRR will be applicable to all the scheduled banks, mentions @RBI Governor @DasShaktikanta

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