India Cash Reserve Ratio was quoted at 4 percent on Thursday March 21. Cash Reserve Ratio in India averaged 5.45 percent from 1999 until 2019, reaching an all time high of 10.50 percent in March of 1999 and a record low of 4 percent in February of 2013.
Cash Reserve Ratio in India is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Cash Reserve Ratio in India to stand at 4.00 in 12 months time. In the long-term, the India Cash Reserve Ratio is projected to trend around 4.00 percent in 2020, according to our econometric models.