Tag Archives: CASH RESERVE RATIO

Section 42(1A) Requirement for maintaining additional CRR by Schedule Banks

Reserve Bank of India Act, 1934 – Section 42(1A) Requirement for maintaining additional CRR RBI/2016-17/159 DBR.No.Ret.BC.41/12.01.001/2016-17 November 26, 2016 The Chairperson / CEOs of all Scheduled Commercial Banks/ Regional Rural Banks / All Scheduled Primary (Urban) Co-operative Banks / All Scheduled State Co-operative Banks Dear Sir, Reserve Bank of India Act, 1934 – Section 42(1A)… Read More »

RBI Keeps Repo Rate and CRR unchanged

Source Reserve Bank of India Date : Feb 02, 2016 Sixth Bi-monthly Monetary Policy Statement, 2015-16 By Dr. Raghuram G. Rajan, Governor Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: keep the policy repo rate under the liquidity adjustment facility (LAF)… Read More »

CASH RESERVE RATIO AND STATUTORY LIQUIDITY RATIO

CASH RESERVE RATIO (CRR) AND STATUTORY LIQUIDITY RATIO (SLR) MASTER CIRCULAR DBR.No.RET.BC.24/12.01.001/2015-16, DATED 1-7-2015 Please refer to the Master Circular RBI/2014-15/91 DBOD.No.Ret.BC.11/12.01.001/2014-15 dated July 01, 2014 updating instructions/guidelines issued to the Scheduled Commercial Banks (SCBs) on CRR/SLR till June 30, 2014. This Master Circular consolidates instructions on the above matters issued up to June 30,… Read More »