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RBI raises daily CRR maintenance requirement from 90% to 99%
ಸುದ್ದಿಯಲ್ಲಿ ಏಕೆ?
99% of CRR, not 90%: the daily maintenance rule every GS-III monetary policy answer must separate
The Reserve Bank of India raised the minimum daily Cash Reserve Ratio (CRR) maintenance requirement for scheduled banks from 90% to 99% of the prescribed CRR, effective 16 October 2026.
Why it matters: general awareness
What you need to know
2 ನಿಮಿಷ
The Reserve Bank of India raised the minimum daily Cash Reserve Ratio (CRR) maintenance requirement for scheduled banks from 90% to 99% of the prescribed CRR, effective 16 October 2026.
The step is aimed at ensuring orderly functioning of the system amid evolving liquidity conditions.
Separately, the RBI announced a three-day Variable Rate Reverse Repo auction on 12 October and an open market operation (OMO) sale of government securities.
ಮೂಲಗಳು: Topper IAS editorial (PIB / The Hindu / Indian Express)
ಮುಖ್ಯ ಅಂಶಗಳು
Remember these
- RBI raised the minimum daily CRR maintenance for scheduled banks from 90% to 99% of the prescribed CRR
- Effective 16 October 2026
- CRR is the share of a bank's Net Demand and Time Liabilities (NDTL) kept as cash with the RBI
- CRR balances earn no interest from the RBI
- RBI also announced a three-day VRRR auction on 12 October and an OMO sale of government securities
ಪ್ರಿಲಿಮ್ಸ್ · ಮೇನ್ಸ್
How the exam will ask it
ಪ್ರಿಲಿಮ್ಸ್
- CRR is maintained by scheduled banks as a percentage of their NDTL in the form of cash balances with the RBI.
- Banks do not earn interest on balances maintained under the CRR.
- Raising the daily CRR maintenance requirement reduces the cash available to banks for lending and absorbs liquidity from the system.
- A Variable Rate Reverse Repo (VRRR) auction and an OMO sale of securities are both tools to absorb surplus liquidity.
ಮೇನ್ಸ್
GS-III (Economy): Liquidity management is central to monetary policy transmission. The RBI tightened the daily CRR maintenance floor from 90% to 99% while also using VRRR and OMO sales, showing a mix of reserve-based and market-based tools. The implication is lower surplus liquidity and possible pressure on short-term rates and bank lending; the way forward is calibrated, transparent liquidity operations that keep inflation in check without hurting credit growth.
Quick recall
Answer before you reveal
ಈ ಕೆಳಗಿನ ಹೇಳಿಕೆಗಳನ್ನು ಪರಿಗಣಿಸಿ:
- 2026ರ ಅಕ್ಟೋಬರ್‌ನಲ್ಲಿ ಆರ್‌ಬಿಐ ವೇಳಾಪಟ್ಟಿಯ ಬ್ಯಾಂಕುಗಳ ದೈನಂದಿನ ಸಿಆರ್‌ಆರ್ ನಿರ್ವಹಣಾ ಕನಿಷ್ಠ ಅವಶ್ಯಕತೆಯನ್ನು ನಿಗದಿತ ಸಿಆರ್‌ಆರ್‌ನ ಶೇ. 90ರಿಂದ ಶೇ. 99ಕ್ಕೆ ಹೆಚ್ಚಿಸಿತು.
- ವೇಳಾಪಟ್ಟಿಯ ಬ್ಯಾಂಕುಗಳು ಸಿಆರ್‌ಆರ್ ಅಡಿ ಇರಿಸುವ ಶಿಲ್ಕಿಗೆ ಆರ್‌ಬಿಐನಿಂದ ಬಡ್ಡಿ ಪಡೆಯುತ್ತವೆ. ಮೇಲಿನ ಹೇಳಿಕೆಗಳಲ್ಲಿ ಯಾವುದು/ಯಾವವು ಸರಿ?
- 1 ಮಾತ್ರ
- 2 ಮಾತ್ರ
- 1 ಮತ್ತು 2 ಎರಡೂ
- 1 ಅಥವಾ 2 ಯಾವುದೂ ಅಲ್ಲ
ಉತ್ತರ ನೋಡಿ
ಉತ್ತರ: A — ಸರಿ ಉತ್ತರ: 1 ಮಾತ್ರ — ಹೇಳಿಕೆ 1 ಸರಿ (ಆರ್‌ಬಿಐ ದೈನಂದಿನ ನಿರ್ವಹಣೆಯನ್ನು ಶೇ. 99ಕ್ಕೆ ಏರಿಸಿದೆ); ಹೇಳಿಕೆ 2 ತಪ್ಪು, ಏಕೆಂದರೆ ಸಿಆರ್‌ಆರ್ ಶಿಲ್ಕಿಗೆ ಬಡ್ಡಿ ಸಿಗುವುದಿಲ್ಲ.
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