RBI notifies that the Banks are required to maintain an average Cash Reserve Ratio (CRR) of 4.50 % of their net demand and time liabilities. The changed rates will be effective from the reporting fortnight beginning May 21, 2022RBI notifies that the Banks are required to maintain an average Cash Reserve Ratio (CRR) of 4.50 % of their net demand and time liabilities. The changed rates will be effective from the reporting fortnight beginning May 21, 2022taxmann.com Latest Statutory HappeningsRead More