What is the current CRR fixed by the RBI? – InterviewSolution

InterviewSolution

1.	What is the current CRR fixed by the RBI?
Answer» RBI has the power to determine the lending capacity of the banks in India through CRR. They will increase CRR if they want to reduce the amount that the banks can lend and vice versa. The current CRR is 4% p.a.

Discussion

No Comment Found

Related InterviewSolutions

Which bank became India's most-valued Public Sector Unit (PSU) in terms of market valuation?
Mastercard creates credit card with __________ scanner.
Which Indian bank has won the 2017 Golden Peacock Innovative Product/Service Award (GPIPSA)?
Japan's SoftBank invested this much of amount in digital payments platform Paytm.
Which bank tie-up with Catholic Syrian Bank to distribute its individual life insurance products to the private lender's customers?
Which bank tie-up with Paisa bazzar.com to make the process of availing a loan easy and act as a one-stop financial solution provider for all retail lending needs of the customer?
The Reserve Bank of India (RBI) proposed a set of regulations regarding mergers and acquisitions (M&A). The proposed regulations will be brought under the FEMA rules of
Which bank has tied up with Cashkaro.com to launch card-linked offers as part of its loyalty programme for both offline and online shoppers?
16 The Reserve Bank will soon put into circulation Rs. 5 coins to celebrate 150th anniversary of ___________.
FATCA stands for __________.