India Cash Reserve Ratio was at 4.50 percent on Tuesday March 21. source: Reserve Bank of India

Cash Reserve Ratio in India averaged 5.19 percent from 1999 until 2023, reaching an all time high of 10.50 percent in March of 1999 and a record low of 3.00 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 March of 2023.

Cash Reserve Ratio in India is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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India Cash Reserve Ratio

Calendar GMT Actual Previous Consensus TEForecast
2022-12-07 05:45 AM 4.5% 4.5% 4.5% 4.5%
2023-02-08 05:45 AM 4.5% 4.5% 4.5% 4.5%
2023-04-06 04:30 AM 4.5% 4.5%

Related Last Previous Unit Reference
Interest Rate 6.50 6.25 percent Feb 2023
Cash Reserve Ratio 4.50 4.50 percent Mar 2023
Interbank Rate 7.39 7.39 percent Mar 2023
Money Supply M1 55271.04 53563.88 INR Billion Dec 2022
Money Supply M2 56383.57 55710.46 INR Billion Jan 2023
Money Supply M3 221015.19 219882.77 INR Billion Feb 2023
Foreign Exchange Reserves 560000.00 562400.00 USD Million Mar 2023
Central Bank Balance Sheet 29184.82 29456.00 INR Billion Jan 2023
Loan Growth 15.50 16.10 percent Feb 2023
Reverse Repo Rate 3.35 3.35 percent Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
4.50 4.50 10.50 3.00 1999 - 2023 percent Daily