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what is crr
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Answer / md sultan raza
CRR means Cash Reserve Ratio.By the rule of RBI every banks
has to keep a certain percentage of cash with the RBI.that
ratio is cash Cash Reserve Ratio
| Is This Answer Correct ? | 13 Yes | 0 No |
Answer / rizwana khatoon,iabm, noida
crr means cash reserve ratio-
This is the amount of money that the banks have to
necessarily park with the RBI. The base of this is the
total of the deposits that a bank has. The RBI pays the
bank interest on the amount parked with it.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / jiban tripathy
CRR means cash reserve ratio.as per RBI guidelines all bank
has to keep certain percentage of customer deposit with
RBI.The said amount is regulated by RBI AND GIVES SOME
interest on such deposit . by this it can reflect strength
of nationalisaed banks.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / rajesh
crr means cash reserve ratio. It is the tool used by the
RBI to control the inflation.
| Is This Answer Correct ? | 1 Yes | 1 No |
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