India Cash Reserve Ratio was at 3.50 percent on Friday May 14. source: Reserve Bank of India

Cash Reserve Ratio in India averaged 5.27 percent from 1999 until 2021, reaching an all time high of 10.50 percent in March of 1999 and a record low of 3 percent in April of 2020. This page provides the latest reported value for - India Cash Reserve Ratio - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. India Cash Reserve Ratio - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Cash Reserve Ratio in India is expected to be 3.00 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 3.00 in 12 months time. In the long-term, the India Cash Reserve Ratio is projected to trend around 3.00 percent in 2022, according to our econometric models.

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India Cash Reserve Ratio

Actual Previous Highest Lowest Dates Unit Frequency
3.50 3.50 10.50 3.00 1999 - 2021 percent Daily


Calendar GMT Actual Previous Consensus TEForecast
2020-10-09 04:50 AM 3% 3% 3% 3%
2020-12-04 04:30 AM 3% 3% 3% 3%
2021-02-05 04:30 AM 3% 3% 3% 3%
2021-04-07 04:30 AM 3% 3% 3.5% 3%
2021-06-04 04:30 AM 3% 3%
2021-08-06 04:30 AM
2021-10-08 04:30 AM
2021-12-08 04:30 AM
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.

India Money Last Previous Highest Lowest Unit
Interest Rate 4.00 4.00 14.50 4.00 percent [+]
Cash Reserve Ratio 3.50 3.50 10.50 3.00 percent [+]
Money Supply M1 46042.95 45646.87 46042.95 80.15 INR Billion [+]
Interbank Rate 3.33 3.32 12.97 2.93 percent [+]
Money Supply M2 47554.20 46127.69 47554.20 1127.49 INR Billion [+]
Money Supply M3 189073.83 186137.28 189073.83 123.52 INR Billion [+]
Foreign Exchange Reserves 589470.00 588020.00 590190.00 29048.00 USD Million [+]
Central Bank Balance Sheet 28483.67 29476.34 29531.54 1624.31 INR Billion [+]
Loan Growth 5.70 5.30 18.70 4.10 percent [+]
Reverse Repo Rate 3.35 3.35 13.50 3.25 percent [+]


India Cash Reserve Ratio
Cash Reserve Ratio is a specified minimum fraction of the total deposits of customers, which commercial banks have to hold as reserves either in cash or as deposits with the central bank.