The Cash Reserve Ratio (CRR) has been reduced by 50 basis points to 4 percent, effective December 6. This adjustment will provide banks with an additional Rs 1.16 lakh crore in liquidity, benefiting borrowers by increasing the availability of funds in the financial system.

This change in the CRR will have a positive impact on borrowers as it will increase the availability of funds in the financial system. This means that banks will have more liquidity to lend, which can help stimulate economic growth. Additionally, the policy repo rate will remain unchanged at 6.50 percent, indicating that lending and deposit rates for banks are expected to remain stable in the near future. This provides a consistent environment for borrowers and savers.

Overall, this adjustment in the CRR is a positive move that will benefit borrowers by increasing the availability of funds in the financial system. It is expected to provide stability in lending and deposit rates, creating a favorable environment for borrowers and savers.