Master Direction - Reserve Bank of India [Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR)] Directions

Question 1

Every scheduled bank, small finance bank and payments bank shall maintain minimum CRR of not less than ……….. per cent of the required CRR on all days during the reporting fortnight, in such a manner that the average of CRR maintained daily shall not be less than the CRR prescribed by the Reserve Bank.

Answer 1

90