Cash Reserve Ratio (CRR)
Monetary Policy · Reserve Bank of India (RBI) — rbi.org.in · data as of 2026-11-08
Latest value
- Cash Reserve Ratio (CRR): 3 %
- As of: 2026-11-08
What it measures
The percentage of a bank's net demand and time liabilities (NDTL) that it must hold as reserves with the RBI, in cash, earning no interest.
How it is calculated
Set by the RBI's Central Board/MPC as a percentage of NDTL; banks maintain it on a fortnightly average basis rather than daily, giving some flexibility around the reporting Friday.
Release and revisions
Published: As per RBI notification (~annual or less)
As per RBI notification — no fixed schedule
Revisions: Changed via a separate RBI notification, not tied to the bi-monthly MPC cycle — can go unchanged for years at a time.
Source: Reserve Bank of India (RBI)