The purpose of having a CRR is to satisfy withdrawal demands and also as a shield to protect the depositors money atleast to a certain extent.
cash reserve ratio
The current cash reserve ratio (CRR) in India set by the RBI is 5% as on 21st august, 2009.
7%
5%
You can find information on a cash reserve ratio when you go to the websites of BanKingawareness, mrunal, AllBankingSolutions, as well as wikinvest, etc.
the current CRR ratio of 2011 is 6%.
Canada India
1) Statutory Liquid Ratio 2) Cash Reserve Ratio
CRR MEANS CASH RESERVE RATIO IS A DECLINE IN THE LIQUIDITY OF A ECONOMY THIS IS CREDIT RESERVE RATION IN WHICH A COMMERCIAL BANK HAVE MAINTAIN A PERCANGE OF BALANCE WITH RBI CRR MEANS CASH RESERVE RATIO IS A DECLINE IN THE LIQUIDITY OF A ECONOMY
CRR means Cash Reserve Ratio.
Cash Reserve ratio
No. They can lend only a % of their total cash reserves. It depends on the Cash Reserve Ratio and Liquidity Ratios set by the Central Banks (Reserve Bank, Federal Reserve etc)