what is cash reserve ratio?
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"Cash Reserve Ratio (CRR) is a certain minimum amount of deposit that the commercial banks have to hold asreserves with the central bank. CRR is set according to the guidelines of the central bank of a country"
laughAayush:
thank u so much, really helpful
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Definition of Cash Reserve Ratio. Dec 23, 2015, 05.04 PM IST. Definition:Cash Reserve Ratio (CRR) is a certain minimum amount of deposit that the commercial banks have to hold asreserves with the central bank. CRR is set according to the guidelines of the central bank of a country.
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