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Reserve Requirements

The minimum amount of cash and liquid assets as a percentage of demand deposits and time deposits that member banks of the Federal Reserve are required to maintain.

News On Reserve Requirements
No PIN requirement for contactless card payment up to Rs 2k  

14-05-2015| Source:Moneycontrol.com

The Reserve Bank today said it will allow customers to side-step the need for a two-factor authentication while making payments below Rs 2,000 while using 'contactless' debit or credit cards.

Banks seek further relaxation from RBI under 5:25 scheme  

14-05-2015| Source:CNBC-TV18

RBIs norms require banks to maintain NPV for all the existing that are on their books. The RBI too has indicated that they are re-examining this issued

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