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  • CRR: It’s not as difficult to understand it as you think1 May 2020

    What is Cash Reserve Ratio (CRR): Cash Reserve Ratio (CRR) is the ratio of the total cash that banks required to keep as a reserve with Reserve Bank of India (RBI) in the form of liquid cash. Maintenance of Cash Reserve Ratio (CRR) is defined in section 42(1) of the Reserve Bank of India (RBI) Act, 1934. CRR is used to control the money flow in the market. Suppose there is more money supply in the market than Reserve Bank

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