The portion of depositors balances that banks must have on hand as cash is known as
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The portion of depositors balances that banks must have on hand as cash is known as Cash reserve .
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it is Called cash reserve ratio
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That portion of depositors' balance that banks must maintain with the central bank (Reserve bank of India) in the form of cash reserves is called cash reserve ratio...Cash reserve ratio is one of the quantitative measures of the central bank (reserve bank of India).. The rate of CRR is fixed by RBI and changes are expected to be made if any are anticipated for the well being of the country 's economy..
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