The Reserve Bank of India mandates banks to hold a Cash Reserve Ratio (CRR) of 3% of total deposits as cash with the RBI.

According to informed sources, the rise in CRR would mean depositing additional Rs 40 billion with the SBP, in cash, on zero percent rate of return. And, enhancement of SLR would force banks to shift ...

RBI governor D Subbarao said there is perhaps a need to bring down the cash reserve ratio (CRR) and statutory liquidity ratio (SLR) further in the broader context of freeing resources for banks and ...

RBI reduces Bank Rate to 5.50% and repo rate under LAF to 5.25%, lowering penal interest on CRR/SLR shortfalls and easing liquidity for banks and primary ...

The Reserve Bank of India is unlikely to cut its benchmark repo rate in the October policy, but could look at reducing the CRR or Repo rate, experts told NDTV. While RK Bakshi of Bank of Baroda feels ...

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting is scheduled to be held on August 4-6. The MPC was constituted in October 2016 as part of the RBI’s formal adoption of ...

The State Bank of Pakistan has announced that the Government has approved the Wapda Sukuk as ''approved security'' for the purposes of meeting Statutory Liquidity Requirement (SLR) under section 29 of ...

The Reserve bank of India said on Thursday banks' cash reserve ratio and statutory liquidity ratio will be applicable to short-term bullion deposits under the gold monetisation scheme. The measure was ...

In the last policy review in June, the Reserve Bank of India, or RBI, retained the policy rate. The governor of the RBI today announced its second bi-monthly monetary review for 2014-15. On the basis ...