Every scheduled bank is required to maintain a fixed percent of their time and demand deposit as

Name: Every scheduled bank is required to maintain a fixed percent of their time and demand deposit as
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Scheduled banks are required to maintain a certain percentage of their net demand and time liabilities (NDTL) as cash with themselves, which is known as the Cash Reserve Ratio (CRR). This is a mandate by the central bank to ensure liquidity and stability in the financial system.

Every Scheduled Bank Is Required to Maintain a Fixed Percent