Economy, asked by bertingtobert6759, 1 year ago

Give the meaning of Cash reserve ratio.

Answers

Answered by arshu76

it is term which explains that the keeps a ceryain amount of total deposit as cash in banks to fulfill demands of depositors . nowadays it is 15 percent in india

Answered by adithyakrishnan6137

Answer:

Cash Reserve Ratio is a proportion of the total deposits and reserves of the commercial banks that is to be kept with the central bank (RBI) in liquid form.

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