Accordingly, the Reserve Bank began its exit from expansionary monetary policy in October 2009 by reducing the potential liquidity. This process was carried forward in January 2010 with an increase in cash reserve ratio (CRR) of banks by 75 basis points and then increase in policy reverse repo and repo rates by 25 basis points each in March 2010.
Andreas Dombret: Speech at Columbia University – the current crisis, EMU and the euro Speech by Dr Andreas Dombret, Member of the Executive Board of the Deutsche Bundesbank, at Columbia University, New York, 2 November 2012. * 1. *  *  Introduction  Ladies and Gentlemen I am delighted to have the opportunity to speak to you today.