Due to lack of GDP of INDIA their are only hope from RBI. June 18 today if RBI announced any rate cut more then expectation boost for  Indian economy. All the institution are think their are possibility of rate cut about 5 basis point. But it's possible to rate cut about more then 5 basic point.

CRR (cash reserve ratio): It is the most important tools of RBI. It help RBI to control the cash flow in the Indian economy. Banks in India are required to hold a certain proportion of their deposits in the form of  cash.  However, actually Banks  don’t hold these as cash with themselves, but deposit such case with Reserve Bank of India, which is considered as  equivlanet to holding cash with RBI. This minimum ratio is stipulated by the RBI and is known as the CRR or  Cash Reserve Ratio.

So we hope RBI use their magic stick today.