Banking -liquid assets+ CRR

Accountancy

What is the rate of CRR? While calculating excess liquidity which rate applied on deposits? Banking companies question

Jiya T

CA Inter

★ 10

17-May-22 15:13

387

Answers (3)

CRR (Cash Reserve Ratio), means the balance keep with RBI out of Deposits received by Banks (For greater security against uncertainty and also for statutory requirements) Present CRR: 4%

Mahantesh Biradar

CA Final

★ 92K+

17-May-22 18:14

Mahantesh Biradar

CRR (Cash Reserve Ratio), means the balance keep with RBI out of Deposits received by Banks (For greater security against uncertainty and also for statutory requirements) Present CRR: 4%

What is the rate used to calculate excess liquidity?

Thread Starter

Jiya T

CA Inter

★ 10

17-May-22 19:45

Thread Starter

Jiya T

What is the rate used to calculate excess liquidity?

SLR

CA Suraj Lakhotia

Admin

18-May-22 14:22