India Cash Reserve Ratio was at 3 percent on Friday February 19. source: Reserve Bank of India

Cash Reserve Ratio in India averaged 5.29 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 February of 2021.

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 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
India Cash Reserve Ratio

Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.00 10.50 3.00 1999 - 2021 percent Daily


Calendar GMT Actual Previous Consensus TEForecast
2020-08-06 06:30 AM 3% 3% 3% 3%
2020-10-09 04:50 AM 3% 3% 3% 3%
2020-12-04 04:30 AM 3% 3% 3% 3%
2021-02-05 04:30 AM 3% 3% 3% 3%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.

India Money Last Previous Highest Lowest Unit
Interest Rate 4.00 4.00 14.50 4.00 percent [+]
Cash Reserve Ratio 3.00 3.00 10.50 3.00 percent [+]
Money Supply M1 43483.75 42859.81 43483.75 80.15 INR Billion [+]
Interbank Rate 3.33 3.37 12.97 2.93 percent [+]
Money Supply M2 46127.69 45923.67 46127.69 1127.49 INR Billion [+]
Money Supply M3 183003.52 181618.94 183003.52 123.52 INR Billion [+]
Foreign Exchange Reserves 583700.00 583950.00 590190.00 29048.00 USD Million [+]
Central Bank Balance Sheet 29370.49 29085.70 29370.49 1624.31 INR Billion [+]
Loan Growth 5.90 6.40 18.70 4.10 percent [+]
Reverse Repo Rate 3.35 3.35 13.50 3.25 percent [+]


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.