Master Direction - RBI [Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR)] Directions - 2021

Last updated: 21 July 2021

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The Reserve Bank of India has issued Master Directions for 2021 concerning the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR). These directions, effective from their website publication date, outline the requirements for various types of banks, including Scheduled Commercial Banks, Small Finance Banks, and Co-operative Banks. They detail how CRR and SLR are to be maintained and reported, along with definitions for key terms like 'Aggregate Deposits' and 'Approved Securities'.

RESERVE BANK OF INDIA www.rbi.org.in RBI/DOR/2021-22/80 DOR.No.RET.REC.32/12.01.001/2021-22 July 20, 2021 Master Direction Reserve Bank of India [Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR)] Directions 2021 In exercise of the powers conferred by Section 35 A of the Banking Regulation Act, 1949 and pursuant to Section 42 of the Reserve Bank of India Act, 1934 and Sections 18, 24 and 56 of the Banking Regulation Act, 1949 as amended from time to time, the Reserve

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FAQ :

These are the official directions issued by the Reserve Bank of India that specify the requirements for maintaining Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) for various banks in India.

The Directions come into effect on the day they are published on the official website of the Reserve Bank of India.

These Directions apply to all Scheduled Commercial Banks (including Regional Rural Banks), Small Finance Banks, Payments Banks, Local Area Banks, Primary (Urban) Co-operative Banks, State Co-operative Banks, and District Central Co-operative Banks, unless otherwise specified.

Every bank must maintain a sum equivalent to a specified percentage of its Net Demand and Time Liabilities (NDTL) in India as a cash reserve. Reporting is done through specific statutory returns like Form A, Form B, and Form I.

Approved securities include Dated securities of the Government of India, Treasury Bills of the Government of India, State Development Loans (SDLs), and any other instrument notified by the Reserve Bank of India.

'Aggregate Deposits' means the aggregation of demand and time deposits held by a bank.

Notification No : RBI/DOR/2021-22/80 DOR.No.RET.REC.32/12.01.001/2021-22
Source : https://rbidocs.rbi.org.in/rdocs/notification/PDFs/80MD21389A0318704E99835FC3013AA49E9A.PDF

Attached File : 322600_10563_rbi.pdf

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