Stories
RBI Raises Minimum Daily CRR Maintenance Requirement To 99 Percent
N
News18•12-10-2026, 09:09
RBI Raises Minimum Daily CRR Maintenance Requirement To 99 Percent
- •The Reserve Bank of India has increased the minimum daily Cash Reserve Ratio maintenance requirement for scheduled banks from 90 percent to 99 percent.
- •The revised rule becomes effective from the reporting fortnight beginning October 16, 2026, following a review of prevailing liquidity conditions.
- •Banks will now have less flexibility in managing their daily cash reserves on individual days within the reporting fortnight.
- •The overall requirement to maintain the prescribed CRR on an average basis over the fortnight remains unchanged.
- •The policy shift aims to tighten liquidity management but does not alter the actual prescribed CRR percentage rate itself.
Key Questions Answered
The Reserve Bank of India raised the minimum daily Cash Reserve Ratio maintenance requirement for scheduled banks to 99%, up from the previous 90%.
The revised requirement becomes effective from the reporting fortnight beginning on October 16, 2026.
No, the overall requirement to maintain the prescribed CRR on an average basis over the fortnight remains completely unchanged, as the change only affects the minimum daily maintenance threshold.
