What do you mean by RRR interest rate cuts, targeted reduction of deposit reserve ratio and interest rate cuts?
In order to absorb deposits, the central bank requires commercial banks to prepare part of the promised funds as acceptance deposits (reserves). Reducing RRR is the same policy for all commercial banks at the same time. Orientation is that some commercial banks enjoy this treatment (for example, foreign banks do not). Lowering interest rates means lowering deposit interest. Generally speaking, deposit interest and loan interest are a pair and released at the same time.