{
  "id": 13332917,
  "title": "RBI Raises Daily CRR Requirement To 99%, Announces ₹25,000 Crore Bond Sale",
  "url": "https://urgent.news/2026/10/10/rbi-raises-daily-crr-requirement-to-99-announces-25-000-crore-bond",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-10T05:03:02.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/rbi-raises-daily-crr-requirement-to-99-announces-25000-crore-bond-sale"
  },
  "original_language": "en",
  "account": null,
  "summary": "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.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}