CRR means Cash Reserve Ratio.
What is ment by CRR in trading?"
Here is a link to a glossary of banking terms. Click the link in 'Related Links'.
present CRR = 5.25 % SLR = 25.0 % These rates are subjected to change quarterly
what do you mean by clearance in banking
CRR stands for Cash Reserve Ratio. It is the portion of total deposits that banks are required to keep with the central bank in the form of reserves, rather than lending out or investing. This is set by the central bank as a way to control liquidity in the banking system and influence credit expansion.
there is no minimum limit of CRR in India but the maximum limit is 15%
crr=6% slr=19%
The CRR rate is 3% to 15% fixed by RBI.
the current CRR declare by RBI is 6%.2011
The present rate of CRR is 6% and SLR is 24%.Thank you.
The two major types of banking are consumer and business. Consumer banking is banking to the people. These would include personal savings and checking accounts.
non derogatory in banking means that an account is ok