Economy, asked by sanikadamdoo36, 9 months ago

why does the bank maintain cash reserve ratio​

Answers

Answered by harleenkaur8222
0

Explanation:-

The CRR requires banks to maintain a current account with the RBI with liquid cash. ... While ensuring some liquid money against deposits is the primary purpose of CRR, its secondary purpose is to allow the RBI to control liquidity and rates in the economy.

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Answered by gurramgurram909
0

Answer:

cash reserve ratio.

Explanation:

particular minimum amount of the total deposits of customer that needs to be mantained by the commercial bank

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