RBI Raises Daily CRR Requirement To 99%, Announces ₹25,000 Crore Bond Sale
The Reserve Bank of India (RBI) has announced tighter liquidity management measures, raising the minimum daily cash reserve ratio (CRR) maintenance requirement from 90% to 99%, effective from the reporting fortnight beginning Oct 16, 2026. The decision follows a 25-basis-point increase in the policy repo rate to 5.50%, the first hike in two-and-a-half years. The central bank has also scheduled an…
The Reserve Bank of India (RBI) has increased the daily cash reserve ratio (CRR) requirement from 90% to 99%, effective from the reporting fortnight beginning on October 16, 2026. This decision comes after a 25-basis-point increase in the policy repo rate to 5.50%, marking the first hike in two-and-a-half years. Additionally, the RBI announced a ₹25,000 crore bond sale on October 13 to absorb excess liquidity in the banking system.
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