Is CRR statutory reserve?

No..

Manoj Raj

CA Final

★ 12K+

24-May-22 12:08

No

Avasarala Vivek Aditya

CA Inter

★ 6K+

24-May-22 12:14

Its a ratio not a reserve

CA Suraj Lakhotia

Admin

24-May-22 12:18

You mean Capital redemption reserve ?

Avasarala Vivek Aditya

CA Inter

★ 6K+

24-May-22 12:19

I think itâ??s Cash Reserve Ratio

Swetha S

CA Inter

★ 15K+

24-May-22 12:21

I think she meant Capital Redemption Reserve

Avasarala Vivek Aditya

CA Inter

★ 6K+

24-May-22 12:21

As she posted in a Accountancy Forum May be Capital Redemption reserve

Avasarala Vivek Aditya

CA Inter

★ 6K+

24-May-22 12:22

What is the difference between ratio and reserve sir!

siva chaitanya

CA Final

★ 13K+

24-May-22 12:23

What difference between capital redemption reserve and cash reserve ratio

Priyanka R

CA Final

★ 20K+

24-May-22 12:26

Pardon , Not necessarily

Avasarala Vivek Aditya

CA Inter

★ 6K+

24-May-22 12:30

Capital redemption reserve

Thread Starter

Jiya T

CA Inter

★ 10

24-May-22 12:39

Yes

Thread Starter

Jiya T

CA Inter

★ 10

24-May-22 12:40

It is Cash reserve ratio

shalu Muthukumar

CA Final

★ 1K+

24-May-22 15:48

CRR is in the nature of a "capital reserve". It is Not to be treated as a revenue reserve as its not available for distribution as dividend. CRR can only be used to issue Bonus shares

Nikhil Vasanth

CA Final

★ 4K+

24-May-22 22:31

Capital Redemption Reserve is required under law and hence is statutory in nature.

CA Suraj Lakhotia

Admin

25-May-22 10:35

Cash reserve ratio determines the amount of deposits which banks have to keep with RBI.

CA Suraj Lakhotia

Admin

25-May-22 10:36