India cash reserve ratio


India cash reserve ratio: 4.5 (0%)
Last Update: October 9, 2024

India cash reserve ratio closed down 4.5 as of October 9, 2024 from 4.5 from the previous month and 4.5 from last year.


India cash reserve ratio Analytics & Data




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India cash reserve ratio closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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India cash reserve ratio

Date Values
2024-10-09 4.5
2024-08-08 4.5
2024-06-07 4.5
2024-04-09 4.5
2024-04-08 4.5
2024-04-05 4.5
2024-04-04 4.5
2024-04-03 4.5
2024-04-02 4.5
2024-04-01 4.5
2024-03-29 4.5
2024-03-28 4.5
2024-03-27 4.5
2024-03-26 4.5
2024-03-25 4.5
2024-03-22 4.5
2024-03-21 4.5
2024-03-20 4.5
2024-03-19 4.5
2024-03-18 4.5
2024-03-15 4.5
2024-03-14 4.5
2024-03-13 4.5
2024-03-12 4.5

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India cash reserve ratio Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
cash reserve ratio in.cashreserveratio 4.5 4.5 0 0 Down Down 51 2024-10-09

India cash reserve ratio Quantitative Analysis, Charts & Factors

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India cash reserve ratio Historical Data

The MacroVar database offers free access to historical data for the India cash reserve ratio, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of India cash reserve ratio data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the India cash reserve ratio

The cash reserve ratio (CRR) in India is the minimum percentage of a bank's total deposits that they are required to hold in the form of cash reserves with the central bank. This ratio is set by the Reserve Bank of India (RBI) and serves as a tool to control the liquidity in the banking system. By adjusting the CRR, the RBI can influence the amount of money available for lending and borrowing in the economy. A higher CRR means that banks have less money to lend, which can help to curb inflation, while a lower CRR allows banks to lend more, stimulating economic growth. Overall, the CRR plays a crucial role in maintaining financial stability and regulating the flow of money in the Indian economy.

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