News Formal

Increase in CRR will not negatively impact banks’ earnings – Analysts – Daily Trust

  • 📰 Daily Trust
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Increase in CRR will not negatively impact banks’ earnings – Analysts

Following the Monetary Policy Committee decision to raise the cash reserve ratio of commercial banks 500 basis points to 27.5 per cent, from 22.5 per cent, some analysts have predicted that the latest monetary measure will not have a negative effect on the earning of banks.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Selloffs in banking stocks, others drag index further by 0.08% | The Guardian Nigeria News - Nigeria and World NewsTransactions on the Nigerian equities market extended the negative streak to four consecutive trading sessions, amid sell pressure on the banking and consumer goods sectors, as index fell further by 0.08 percent.
Source: GuardianNigeria - 🏆 1. / 94 Read more »