What is CRR ?

By IndianMoney , 1 year ago
CRR (Cash reserve ratio) is the amount of funds that banks have to maintain with the Reserve Bank of India (RBI) at all times. If CRR is increased, then the amount available with the bank decreases.
Trending Questions
Recent Questions
Related Questions
- What are American Depositary Receipts (ADRs)?
- What is meant by the term ADR ratio?
- What is the AMERICAN DEPOSITORY RECEIPT (ADR) PROCESS?
- What are the ADVANTAGES OF AMERICAN DEPOSITORY RECEIPT (ADR)?
- What are the DISADVANTAGES OF AMERICAN DEPOSITORY RECEIPT (ADR)?
- What are the Types of American Depositary Receipts