RBI Notification - ଆରବିଆଇ - Reserve Bank of India
RBI Notification
RPCD.RF.No. 5541/07.02.01/2006-07
December 11, 2006
NOTIFICATION
In exercise of the powers conferred under sub-section (1) of Section 42 of the Reserve Bank of India Act, 1934 and in supersession of its notification RPCD.RF.No.6106/07.02.01/2005-2006 dated June 22, 2006, the Reserve Bank of India hereby specifies that the average Cash Reserve Ratio (CRR) required to be maintained by Scheduled State Co-operative Banks (StCBs) and Regional Rural Banks (RRBs) shall, from effective dates mentioned below, be as indicated thereagainst.
Effective date |
CRR on net demand and time liabilities |
December 23, 2006 |
5.25 |
January 06, 2007 |
5.50 |
(V.S.Das)
Executive Director