RBI/2025-26/23
DoR.RET.REC.16/12.01.001/2025-26                                                                 

April 09, 2025

All banks,

Madam / Sir,

Penal Interest on shortfall in CRR and SLR requirements-Change in Bank Rate

Please refer to Chapter VIII of Master Direction - Reserve Bank of India [Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR)] Directions – 2021 as well as our circular DoR.RET.REC.57/12.01.001/2024-25 dated February 07, 2025 on the captioned subject.
2. As announced in the Monetary Policy Statement 2025-26 dated April 09, 2025, the Bank Rate is revised downwards by 25 basis points from 6.50 per cent to 6.25 per cent with immediate effect. Accordingly, all penal interest rates on shortfall in CRR and SLR requirements, which are specifically linked to the Bank Rate, also stand revised as under:
Penal Interest Rates which are linked to the Bank Rate

Yours faithfully,

(Latha Vishwanath)
Chief General Manager