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Written by CA. Aviraj Kothari

CA. Aviraj Kothari focuses on business accounting, GST compliance, and management reporting. He helps businesses organize financial data and establish practical accounting processes for better visibility and smoother compliance.

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Section 42(1) of the Reserve Bank of India Act, 1934 - Change in Daily Minimum Cash Reserve Maintenance Requirement

By CA. Aviraj Kothari   |   15-10-2026 11:40:00

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. Read More

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