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The Economic Times

Economy / The Economic Times

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Banks seek CRR cut on green deposits to boost green lending in India

In a bid to boost climate and transition finance, banks are pressing for a lower cash reserve ratio for green deposits. Presently, estimates show that these deposits fall short of the necessary critical mass. A decreased CRR could significantly cut funding expenses and unlock capital for loans, as India strives for substantial investments to fulfill its net-zero goals.

2 Sep 2026 12:23 am