One of the mysteries of the English language finally explained.
- ‘Keep in mind that the financial sector - through financial credit creation - is the dominant supplier of lendable funds.’
- ‘The CRR was reduced from 5.5 per cent to 5.0 per cent in June 2002 and further to 4.75 per cent in November 2002 augmenting the lendable resources of banks by about Rs.10,000 crore.’
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