Regulatory Alerts2020-06-21
Added · Updated
DFIM Circular No. 03: Re-fixation of Cash Reserve Ratio (CRR) of Financial Institutions
The Bangladesh Bank re-fixes the Cash Reserve Ratio (CRR) for term-deposit-accepting financial institutions to 1.5% on a fortnightly average basis, with a minimum daily requirement of 1.00%. The Statutory Liquidity Ratio (SLR) remains unchanged at 5% for term-deposit-accepting institutions and 2.5% for non-term-deposit-accepting institutions. These revised CRR rates become effective from June 1, 2020, and remain in force until further notice.
More like this from BB
BB published 33 documents in the last 30 days. We email you each new one the day it's published.
Topics
monetary
Share