Reserve Bank of India Governor Raghuram Rajan, who conducted the first bi-monthly review of the monetary policy for the current fiscal year decided to retain the repurchase rate, the reverse repurchase rate, the cash reserve
ratio and the statutory ratio at existing levels.
RBI's first bimonthly monetary policy statement left the shortterm lending rate, or repo rate, unchanged at eight per cent and the cash reserve
ratio static at four per cent.
The cash reserve
ratio, or the portion of deposits banks have to maintain with the central bank, stands unchanged at four per cent.
KARACHI -- State Bank of Pakistan has now decided to publish bank-wise data on excess cash reserves
maintained by banks over and above the minimum required cash reserve
While cash reserve
requirement (RR) may still be useful as a prudential measure and a tool for liquidity management, its importance as a monetary control instrument has been declining since early 1990s.1 The key reasons is central banks' changing monetary policy strategies with switching over to interest rate operating procedures from reserve operating procedures.2 Now most central banks implement monetary policy by focusing on the short-term interest rate as a reference for monetary policy.
Now it is in a position where it is nearing the lowest recommended amount of cash reserve
it is expected to hold.
"Getting your strategic house in order for cash reserve
deployment should be the top resolution for corporate leadership teams in 2012," says Silber.
PTI NEW DELHI THE Reserve Bank of India in its quarterly review meet on Tuesday cut the cash reserve
ratio (CRR) by 50 bps to ease tight liquidity pressure in the banking system.
Should FHFA proceed with adopting changes, MBA recommended a "cash-reserve structure" that would defer part of the existing servicing fees as a cash reserve
to cover servicing costs for catastrophic economic and extreme default situations.
Summary: CAIRO - Egypt has suffered huge financial losses as a result of low foreign investments in the light of a security vacuum, the suspension of production in some plants, strikes, sit-ins and protests in addition to a cash reserve
This is because one of the purposes of the cash reserve
is to cope with unexpected states of transition, such as the one the city is currently undergoing.
KARACHI, May 14 -- The State Bank of Pakistan has decided to exempt time deposits of one-year and above held by Microfinance Banks (MFBs) for maintenance of Cash Reserve
Requirement (CRR), and time liabilities of one-year and above for maintenance of Statutory Liquidity Requirement (SLR).