Question

In which Bank scheduled Commercial Banks
have to keep their Cash Reserve Ratio
(CRR)? अनुसूचित व्यापारी बँकांना आपला
रोख राखीव निधी (CRR ) कोणत्या बँकेकडे
ठेवावा लागतो?​

Answer 1

Answer:

All Scheduled Commercial Banks are at present required to maintain with Reserve Bank of India a Cash Reserve Ratio (CRR) of 5.00 per cent of the Net Demand and Time Liabilities (NDTL) (excluding liabilities subject to zero CRR prescriptions) under Section 42(1) of the Reserve Bank of India Act, 1934.