Supreme Court: Brief Service Breaks Do Not Bar Ad Hoc Employees From Regularisation || SC: Arbitral Awards May Be Challenged By Legal Representatives Only U/S 34, Not Via Article 227 || SC Stressed Caution in Uniformed Service Appointments and Restored Dismissal of an Unfit Constable || Supreme Court: Higher Qualifications Cannot Replace the Required Minimum Experience Criteria || Delhi High Court: Bank's Guard Post Involves Handling Arms, Strict Background Disclosure is Essential || Delhi High Court: CARA Must Obtain Foreign Clearances Before Issuing NOC For Inter-Country Adoption || Punjab & Haryana HC: Grounds of Arrest Need Not Be Reissued For a Second Arrest in the Same FIR || Chhattisgarh HC: Valid Caste Certificate Required To Prove SC/ST Act Offences; Oral Claim Not Enough || Supreme Court Directs Preventive Detention to Curb Illegal Mining in Chambal Sanctuary || SC: Courts Must Frame Points For Determination and Give Reasoned Judgments in Ex Parte Cases

Maintenance of Cash Reserve Ratio (CRR)- (Reserve Bank of India) (04 May 2022)

MANU/RMIC/0086/2022

Banking

1. Please refer to our circular DOR.No.Ret.BC.35/12.01.001/2020-21 dated February 05, 2021 and relative notification on the captioned subject.

2. As announced in the Governor's Statement dated May 04, 2022, it has been decided to increase the Cash Reserve Ratio (CRR) of all banks by 50 basis points from 4.00 percent to 4.50 percent of their Net Demand and Time Liabilities (NDTL), effective from the reporting fortnight beginning May 21, 2022.

3. A copy of the relative notification DOR.RET.REC.34/12.01.001/2022-23 dated May 04, 2022 is enclosed.

Tags : MAINTENANCE INCREASE CRR

Share :