The share of ndtl which bank maintains in cash with rbi is termed as:
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The share of NDTL ( Net Demand and Time Liabilities ) which banks maintain with RBI is known as CRR. Cash Reserve Ratio ( CRR ) is that type of reserves which banks have to maintain on a daily basis with RBI in the form of cash. Central bank can increase or decrease the availability of funds in the market by reducing or increasing CRR.
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The share of NDTL which bank maintains in cash with RBI is termed as CRR or Cash reserve ratio.
Explanation:
- The full form of NDTL is ‘Net Demand and Time Liabilities’ are maintained in the form of cash with the ‘Reserve bank of India’.
- The cash reserve ratio refers to the ‘total amount’ of funds that a bank maintains with RBI at any given time.
- When the RBI increases the amount of CRR to be deposited with them then the amount of cash disbursal with the banks comes down.
Learn more about NDTL
What is “NDTL” and what D stands for in “NDTL”
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What is the meaning of NDTL in banks??
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