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A cash reserve ratio (or CRR) is the percentage of bank reserves to deposits and notes. The cash reserve ratio is also known as the cash asset ratio or liquidity ratio.
India's central bank ordered commercial banks to hold a larger share of deposits in cash, and raised a key short-term lending rate in a bid to curb high inflation that has stoked fears of overheating.
The reserve ratio is sometimes used as a tool in monetary policy, influencing the country's economy, borrowing, and interest rates . However, Central banks rarely alter the reserve requirements due to the fact that it would cause immediate liquidity problems for banks with low excess reserves.
What else can I help you with?
What is ment by CRR in trading?
What is ment by CRR in trading?"
What is current CRR of Pakistan?
present CRR = 5.25 % SLR = 25.0 % These rates are subjected to change quarterly
What do you meant by Crr in banking terms?
CRR means Cash Reserve Ratio.
What is the current CRR declared by rbi?
the current CRR declare by RBI is 6%.2011
Minimum CRR LIMIT?
there is no minimum limit of CRR in India but the maximum limit is 15%
What is CRR rate by RBI 2010?
The CRR rate is 3% to 15% fixed by RBI.
What is the current CRR and SLR rate of Bangladesh for 2012?
crr=6% slr=19%
What is the current CRR and SLR rate for 2011?
The present rate of CRR is 6% and SLR is 24%.Thank you.
What is current CRR in INDIA?
Cash reserve ratio...This is stipulated % of deposits that the bank has to maintain in Cash with RBI.Current CRR =5.5%
What is CRR rate by RBI of India?
the Repo rate, Reserve repo rate and CRR as of 03 January 2009 are as follows: Repo Rate: 5.6% CRR: 5% Reverse Repo rate: 4.1% Source: RBI
What is the cureent CRR?
20% 20%
How much CRR is there at present?
4.75
