Cash Reserve Ratio (CRR) refers to –
1
The ratio of cash holding to reserves of banks
2
The share of Net Demand and time liabilities (NDTL) that banks have to hold as liquid assets
3
The share of Net Demand and time liabilities (NDTL) that banks have to hold as part of their cash reserves
4
The share of Net Demand and time liabilities (NDTL) that banks have to hold as balances with the RBI