|
Date from which Effective |
CRR as % age of NDTL |
Remarks |
|
5-Jul-1935 |
|
(a) 5% of DL; (b) 2% of TL |
|
6-Mar-1960 |
|
(a) 5% of DL; (b) 2% of TL@ (Accompanied with additional reserve
requirements of CRR on incremental NDTL) |
|
6-May-1960 |
|
(a) 5% of DL; (b) 2% of TL@Accompanied with additional reserve
requirements of CRR on incremental NDTL) |
|
11-Nov-1960 |
|
(a)5% of DL; (b) 2% of TL |
|
16-Sep-1962 |
3.00 |
|
|
29-Jun-1973 |
5.00 |
|
|
8-Sep-1973 |
6.00 |
|
|
22-Sep-1973 |
7.00 |
|
|
1-Jul-1974 |
5.00 |
|
|
14-Dec-1974 |
4.50 |
|
|
28-Dec-1974 |
4.00 |
|
|
4-Sep-1976 |
5.00 |
|
|
13-Nov-1976 |
6.00 |
|
|
14-Jan-1977 |
6.00 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
1-Jul-1978 |
6.00 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
5-Jun-1979 |
6.00 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
31-Jul-1981 |
6.50 |
|
|
21-Aug-1981 |
7.00 |
|
|
27-Nov-1981 |
7.25 |
|
|
25-Dec-1981 |
7.50 |
|
|
29-Jan-1982 |
7.75 |
|
|
9-Apr-1982 |
7.25 |
|
|
11-Jun-1982 |
7.00 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
27-May-1983 |
7.50 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
29-Jul-1983 |
8.00 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
27-Aug-1983 |
8.50 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
12-Nov-1983 |
8.50 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
4-Feb-1984 |
9.00 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
27-Oct-1984 |
9.00 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
1-Dec-1984 |
9.00 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
26-Oct-1985 |
9.00 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
22-Nov-1986 |
9.00 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
28-Feb-1987 |
9.50 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
23-May-1987 |
9.50 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
24-Oct-1987 |
10.00 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
23-Apr-1988 |
10.00 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
2-Jul-1988 |
10.50 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
30-Jul-1988 |
11.00 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
1-Jul-1989 |
15.00 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
4-May-1991 |
15.00 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
11-Jan-1992 |
15.00 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
(21-04-1992) |
15.00 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
8-Oct-1992 |
15.00 |
Accompanied with additional reserve requirements of CRR on incremental
NDTL |
|
17-Apr-1993 |
14.50 |
|
|
15-May-1993 |
14.00 |
|
|
11-Jun-1994 |
14.50 |
|
|
9-Jul-1994 |
14.75 |
|
|
6-Aug-1994 |
15.00 |
|
|
11-Nov-1995 |
14.50 |
|
|
9-Dec-1995 |
14.00 |
|
|
27-Apr-1996 |
13.50 |
|
|
11-May-1996 |
13.00 |
|
|
6-Jul-1996 |
12.00 |
|
|
26-Oct-1996 |
11.50 |
|
|
9-Nov-1996 |
11.00 |
|
|
4-Jan-1997 |
10.50 |
|
|
18-Jan-1997 |
10.00 |
|
|
25-Oct-1997 |
9.75 |
|
|
22-Nov-1997 |
9.50 |
|
|
6-Dec-1997 |
10.00 |
|
|
17-Jan-1998 |
10.50 |
|
|
28-Mar-1998 |
10.25 |
|
|
11-Apr-1998 |
10.00 |
|
|
29-Aug-1998 |
11.00 |
|
|
13-Mar-1999 |
10.50 |
|
|
8-May-1999 |
10.00 |
|
|
6-Nov-1999 |
9.50 |
In order to improve the cash management by the banks, effective from the
fortnight CRR will be maintained by every Scheduled Commercial Bank
based on its NDTL as on the last Friday of the second preceding
fortnight. Further to facilitate banks to tide over the contingency
during the millennium change, it has been decide to treat cash in hand
maintained by banks for compliance of CRR for a limited period of two
months commencing from December 1,1999 to January 31, 2000. The cash in
hand which will be counted for CRR purpose, during the above period
cannot be treated as eligible asset for SLR purpose simultaneously |
|
20-Nov-1999 |
9.00 |
|
|
8-Apr-2000 |
8.50 |
|
|
22-Apr-2000 |
8.00 |
|
|
29-Jul-2000 |
8.25 |
|
|
12-Aug-2000 |
8.50 |
|
|
24-Feb-2001 |
8.25 |
|
|
10-Mar-2001 |
8.00 |
|
|
19-May-2001 |
7.50 |
|
|
3-Nov-2001 |
5.75 |
RBI circular dated 22/10/2001 |
|
29-Dec-2001 |
5.50 |
RBI circular dated 22/10/2001 |
|
1-Jun-2002 |
5.00 |
|
|
16-Nov-2002 |
4.75 |
RBI circular dated 29/10/2002 |
|
14-Jun-2003 |
4.50 |
|
|
18-Sep-2004 |
4.75 |
RBI circular dated 11/09/2004 |
|
2-Oct-2004 |
5.00 |
RBI circular dated 11/09/2004 |
|
22-Jun-2006 |
5.00 |
The statutory minimum CRR requirement of 3 per cent of total demand and
time liabilities removed with effect from June 22, 2006, but CRR
continued to be at 5% |
|
23-Dec-2006 |
5.25 |
RBI circular dated 11/12/2006 |
|
6-Jan-2007 |
5.50 |
RBI circular dated 11/12/2006 |
|
17-Feb-2007 |
5.75 |
RBI circular dated 01/03/207 |
|
3-Mar-2007 |
6.00 |
RBI circular dated 01/03/207 |
|
14-Apr-2007 |
6.25 |
RBI circular dated 20/4/2007 |
|
28-Apr-2007 |
6.50 |
RBI circular dated 20/4/2007 |
|
4-Aug-2007 |
7.00 |
RBI circular dated 31/7/2008 |
|
10-Nov-2007 |
7.50 |
RBI circular dated 30/10/2007 |
|
26-Apr-2008 |
7.75 |
RBI circular dated 21/4/2008 |
|
10-May-2008 |
8.00 |
RBI circular dated 21/4/2008 |
|
24-May-2008 |
8.25 |
RBI circular dated 29/4/2008 |
|
5-Jul-2008 |
8.50 |
RBI circular dated 26/7/2008 |
|
19-Jul-2008 |
8.75 |
RBI circular dated 26/7/2008 |
|
30-Aug-2008 |
9.00 |
RBI circular dated 30/07/208 |
|
11-Oct-2008 |
7.50 |
RBI circular dated 6/10/2008 and 10/10/2008 |
|
11-Oct-2008 |
6.50 |
RBI Circular dated 15/10/2008 |
|
25-Oct-2008 |
6.00 |
RBI Circular dated 3/11/2008 |
|
8-Nov-2008 |
5.50 |
RBI Circular dated 3/11/2008 |
|
17-Jan-2009 |
5.00 |
RBI circular dated 02/01/2009 |
|
13-Feb-2010 |
5.50 |
RBI circular dated 29/01/2010 |
|
27-Feb-2010 |
5.75 |
RBI circular dated 29/01/2010 |
|
24-Apr-2010 |
6.00 |
RBI circular dated 20/04/2010 |
|
|
|
|
|
|
|
|
