India Cash Reserve Ratio was at 3 percent on Friday July 3.
Cash Reserve Ratio in India averaged 5.36 percent from 1999 until 2020, 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 July of 2020. source: Reserve Bank of India
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 2021, according to our econometric models.