RBI raises daily minimum CRR maintenance requirement for scheduled banks to 99%
Section 42(1) of the Reserve Bank of India Act, 1934 - Change in Daily Minimum Cash Reserve Maintenance Requirement
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RBI has decided to raise the daily minimum CRR maintenance requirement for scheduled banks during the reporting fortnight from 90% of the prescribed CRR to 99%. The new requirement applies to the reporting fortnight beginning October 16, 2026, during which the average CRR must still not fall below the level prescribed by RBI.
RBI’s adjustment to the daily minimum CRR maintenance requirement during the reporting fortnight affects the daily liquidity arrangements and reserve management of scheduled banks.
Source:Reserve Bank of India — Notifications · rbi.org.in