CRR

    Cash Reserve Ratio

    Macroeconomics

    The share of deposits banks must hold as cash with the RBI, earning no interest. Changing it directly adds or drains banking-system liquidity.

    Formula

    Required Reserve = CRR x Net Demand and Time Liabilities

    Why it matters

    A CRR cut releases lendable funds instantly, making it a powerful liquidity tool distinct from the price signal of the repo rate.

    Indian example

    Related terms