India Cash Reserve Ratio was at 4 percent on Friday December 3. source: Reserve Bank of India

Cash Reserve Ratio in India averaged 5.24 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 December of 2021.

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. In the long-term, the India Cash Reserve Ratio is projected to trend around 4.00 percent in 2022, according to our econometric models.

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India Cash Reserve Ratio

Calendar GMT Actual Previous Consensus TEForecast
2021-08-06 04:30 AM 4% 4% 4% 4%
2021-10-08 04:30 AM 4% 4% 4% 4%
2021-12-08 04:30 AM 4% 4% 4%

Related Last Previous Unit Reference
Interest Rate 4.00 4.00 percent Oct/21
Cash Reserve Ratio 4.00 4.00 percent Dec/21
Interbank Rate 3.53 3.52 percent Nov/21
Money Supply M1 48200.32 48032.49 INR Billion Sep/21
Money Supply M2 52067.42 49691.54 INR Billion Nov/21
Money Supply M3 199158.04 195674.96 INR Billion Nov/21
Foreign Exchange Reserves 637687.00 640401.00 USD Million Nov/21
Central Bank Balance Sheet 34836.09 34147.69 INR Billion Oct/21
Loan Growth 7.00 7.10 percent Nov/21
Reverse Repo Rate 3.35 3.35 percent Oct/21
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.