The RBI raised the minimum daily CRR maintenance requirement from 90% to 99%, effective the fortnight beginning October 16, 2026, after lifting the repo rate by 25 basis points to 5.50%. It also announced a ₹25,000 crore bond sale on October 13 to absorb surplus liquidity and align the weighted average call rate with the policy rate.
RBI Tightens Liquidity, Raises Daily CRR Maintenance to 99%
Source: Business Standard