CRR cut by RBI expected to provide support to Net Interest Margins of banks: Report

New Delhi [India], December 7 (ANI): The Reserve Bank of India's (RBI) decision to cut the Cash Reserve Ratio (CRR) is expected to provide marginal support to the Net Interest Margins (NIMs) of banks, according to a report by Axis Securities.

The report highlighted that this move would help improve liquidity conditions while also supporting the broader economic growth agenda.

From a banking perspective, the report mention