Summary
- The Reserve Bank of India (RBI) has announced an increase in the daily minimum Cash Reserve Ratio (CRR) maintenance from 90% to 99%.
- This change will take effect on 16 October 2026, as per Section 42(1) of the RBI Act.
- The adjustment aims to enhance liquidity management within the banking system.
- Financial institutions will need to prepare for this significant regulatory shift in their reserve requirements.
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