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What is Capital redumtion Reserve ( CRR )?
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Answer / priyank kaushik
A reserve fund into which profits are allocated for the
purpose of redeeming or buying back shares in the company.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / vijayranga
CRR referes not capital Redumption Reserve
it is Cash Reserve Ration,
Which a bank should maintain its deposits wit hthe RBI
for the safe custody for public.
| Is This Answer Correct ? | 4 Yes | 4 No |
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