RBI Raises Average CRR Maintenance Requirement for Banks

RBI Raises Banks' Daily Minimum CRR Maintenance Requirement to 99% from 90%

Get latest articles and stories on Business at LatestLY. The Reserve Bank of India (RBI) has increased the minimum daily Cash Reserve Ratio (CRR) maintenance requirement for scheduled banks to 99 per cent from the existing 90 per cent, effective from the fortnight beginning October 16, 2026. Business News | RBI Raises Banks' Daily Minimum CRR Maintenance Requirement to 99% from 90%.

RBI raises average CRR maintenance requirement for banks

The Reserve Bank of India will raise the minimum daily cash reserve ratio requirement to 99% from 90%. This change will take effect from mid-October, specifically the fortnight starting October 16, 2026. Banks will be required to maintain this increased percentage without the previous operational flexibility. The move aims to reduce the current surplus liquidity within the banking system.

Liquidity surplus: RBI increases minimum daily maintenance of CRR

The banking system liquidity is reeling under liquidity surplus emanating from banks’ mobilising FCNR(B) deposits aggregating $133 billion between June 8 and August 31

RBI raises daily CRR maintenance requirement to 99% from October 16

The move comes as the central bank expects surplus liquidity in the banking system to ease through natural factors and its liquidity management operations

RBI raises daily cash reserve ratio requirement for banks to 99% from Oct 16 - OrissaPOST

Mumbai: The Reserve Bank of India (RBI) Friday said banks will need to maintain 99 per cent of the required cash reserve ratio (CRR) daily starting October 16, up from 90 per cent at present. The move follows a review of the current liquidity condition in the banking system. “On a review of the current […]