RBI notification RBI/2026-27/290 · 09 Oct 2026
Official title
Section 42(1) of the Reserve Bank of India Act, 1934 - Change in Daily Minimum Cash Reserve Maintenance Requirement
Summary
Check the official recordThe Reserve Bank of India increases the minimum daily Cash Reserve Ratio maintenance requirement for all scheduled banks. Banks must now maintain at least 99 percent of the required Cash Reserve Ratio on all days during the reporting fortnight. This requirement replaces the previous 90 percent threshold. The change applies to all scheduled banks. The new requirement takes effect from the reporting fortnight that begins on October 16, 2026. Banks must ensure the average of the daily maintained Cash Reserve Ratio remains at least equal to the prescribed rate.
What you must do
Key dates
Who is affected
Thresholds
RBI/2026-27/290
DoR.RET.REC.247/12.01.001/2026-27
October 09, 2026
All Scheduled Banks,
Madam / Sir,
Section 42(1) of the Reserve Bank of India Act, 1934 - Change in Daily Minimum Cash Reserve Maintenance Requirement
The scheduled banks are allowed to maintain minimum Cash Reserve Ratio (CRR) of not less than 90 percent of the required CRR on all days during the reporting fortnight, in such a manner that the average of CRR maintained daily shall not be less than the CRR prescribed by the Reserve Bank.
Yours faithfully,
(Manoranjan Padhy)
Chief General Manager
