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As announced in paragraph 2 of the Statement on Developmental and Regulatory Policies dated February 05, 2021, the RBI has decided to gradually restore the CRR in two phases in a non-disruptive manner. Accordingly, banks are required to maintain the CRR at 3.50 per cent of their NDTL effective from the reporting fortnight beginning March 27, 2021 and 4.00 per cent of their NDTL effective from fortnight beginning May 22, 2021.As announced in paragraph 2 of the Statement on Developmental and Regulatory Policies dated February 05, 2021, the RBI has decided to gradually restore the CRR in two phases in a non-disruptive manner. Accordingly, banks are required to maintain the CRR at 3.50 per cent of their NDTL effective from the reporting fortnight beginning March 27, 2021 and 4.00 per cent of their NDTL effective from fortnight beginning May 22, 2021.taxmann.com Latest Statutory HappeningsRead More