RBI Raises Average CRR Maintenance Requirement for Banks

RBI tightens daily CRR limit to 99% from 90%

The RBI raises the minimum daily cash reserve ratio to 99%, reducing banks’ flexibility and likely pushing overnight borrowing rates higher. This move aims to align call rates with the 5.5% repo rate.

RBI raises banks' daily minimum CRR maintenance requirement to 99% from 90%

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.

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 Tightens CRR Maintenance Limit to 99% Starting Oct 16

The Reserve Bank of India (RBI) has announced a tightening of liquidity management rules, mandating that commercial banks maintain a minimum of 99% of their required Cash Reserve Ratio (CRR) on a daily basis, up from the current threshold of 90%. The new directive will come into effect starting Oct 16, following a comprehensive review […] The post RBI Tightens CRR Maintenance Limit to 99% Starting Oct 16 appeared first on Pragativadi I Latest Od…