
Business
RBI’s Tighter CRR Norms Could Withdraw ₹800 Billion from Banks
Jefferies report predicts RBI's tighter daily CRR norms could withdraw up to Rs 800 billion from the banking system.
12 October 2026 · 3 minRavi Pandey
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Jefferies report predicts RBI's tighter daily CRR norms could withdraw up to Rs 800 billion from the banking system.

The RBI has hiked the minimum daily CRR maintenance requirement from 90% to 99%, leaving banks with much less flexibility in managing liquidity.

HDFC Bank appoints Anup Bagchi as MD and CEO for a three-year term following RBI approval.