https://www.taxtmi.com/circulars?id=54405 Change under Section 42(1) of the Reserve Bank of India Act reduces the daily minimum Cash Reserve Ratio maintenance obligation, lowering the daily compliance threshold banks must hold and thereby easing intrafortnight liquidity requirements; the reduction is communicated by Reserve Bank circular to scheduled commercial banks, regional rural banks and scheduled cooperative banks with a specified effective fortnight. en-us Tue, 05 Apr 2016 00:00:00 +0530 Wed, 06 Apr 2016 12:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54405 Change under Section 42(1) of the Reserve Bank of India Act reduces the daily minimum Cash Reserve Ratio maintenance obligation, lowering the daily compliance threshold banks must hold and thereby easing intrafortnight liquidity requirements; the reduction is communicated by Reserve Bank circular to scheduled commercial banks, regional rural banks and scheduled cooperative banks with a specified effective fortnight. Circulars RBI Tue, 05 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54405