Social Sciences, asked by shreyass10cbs, 10 months ago

what percentage of the deposited cash is retained by the bank

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Answered by vijaya4262

3

Answer:

Each bank will be asked to retain a specific amount of its deposit in the current account of the central bank ,the RBI has the authority to set the cash review ratio between 3%and 15% , however RBI does not have any ceiling on setting the CRR since2006

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