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Section 42(1) of the Reserve Bank of India Act, 1934 - Change in Daily Minimum Cash Reserve Maintenance Requirement

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....4-2016 Circular<br>RBI<br>RBI/2015-16/359 DBR.No.Ret.BC.91 /12.01.001/2015-16 April 5, 2016 The Chairperson /CEOs of all Scheduled Commercial Banks/ Regional Rural Banks / All Scheduled Prima....

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.... captioned subject. 2. As announced in the First Bi-Monthly Monetary Policy Statement 2016-17 dated April 5, 2016, it has been decided to reduce the minimum daily maintenance of the Cash Reserve Ra....

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