New Delhi, Oct. 9 -- The Reserve Bank of India (RBI) has increased the minimum daily Cash Reserve Ratio (CRR) maintenance requirement for scheduled banks to 99 per cent from the existing 90 per cent, effective from the fortnight beginning October 16, 2026.

The decision, announced in a notification issued by the RBI on Friday, follows a review of prevailing liquidity conditions.

Under the revised requirement, scheduled banks will have to maintain at least 99 per cent of their prescribed CRR on each day during the reporting fortnight, compared with the earlier minimum of 90 per cent.

Currently, banks are permitted to maintain a minimum of 90 per cent of their required CRR on individual days during a reporting fortnight, provided that the...