<Dl> <Dt> Cash Reserve Ratio </Dt> <Dd> Cash Reserve Ratio is a certain percentage of bank deposits which banks are required to keep with RBI in the form of reserves or balances . Higher the CRR with the RBI lower will be the liquidity in the system and vice versa . RBI is empowered to vary CRR between 15 percent and 3 percent . But as per the suggestion by the Narsimham committee Report the CRR was reduced from 15% in the 1990 to 5 percent in 2002 . As of 4 October 2016, the CRR is 4.00 percent . </Dd> </Dl> <Dt> Cash Reserve Ratio </Dt> <Dd> Cash Reserve Ratio is a certain percentage of bank deposits which banks are required to keep with RBI in the form of reserves or balances . Higher the CRR with the RBI lower will be the liquidity in the system and vice versa . RBI is empowered to vary CRR between 15 percent and 3 percent . But as per the suggestion by the Narsimham committee Report the CRR was reduced from 15% in the 1990 to 5 percent in 2002 . As of 4 October 2016, the CRR is 4.00 percent . </Dd> <Dl> <Dt> Statutory Liquidity Ratio </Dt> <Dd> Every financial institution has to maintain a certain quantity of liquid assets with themselves at any point of time of their total time and demand liabilities . These assets have to be kept in non cash form such as G - secs precious metals, approved securities like bonds etc . The ratio of the liquid assets to time and demand liabilities is termed as the Statutory liquidity ratio. There was a reduction of SLR from 38.5% to 25% because of the suggestion by Narsimham Committee . The current SLR is 19.50% . </Dd> </Dl>

What is the current crr rate in india
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