Banking law · Rules / RBI instruments
Commercial Banks — CRR / SLR current framework
Reviewed by CA Nikhil Gupta · Last reviewed 18 September 2026
Commercial Banks — CRR / SLR current framework: legal basis, scope, operative controls, evidence and primary source.
RBI DirectionsPrimary source linkedAct bridge mapped
Instrument identity and legal basis
Official source: Open the primary instrument / official index
Scope and operative requirement map
Applicability — paragraph 3
The 2025 Directions apply to “Commercial Banks” defined for this instrument as banking companies other than Small Finance Banks, Local Area Banks and Payments Banks, together with corresponding new banks and the State Bank of India.
CRR and SLR returns — paragraphs 4–5 and Chapter V
CRR is reported in statutory Form A and SLR in Form VIII. The current Directions require electronic submission on CIMS; from 15 December 2025 there is a single Form A structure rather than provisional/final/special Form A returns.
CRR level and daily minimum
The Directions record the staged 2025 CRR reduction to 3.0% from the reporting fortnight beginning 29 November 2025. Scheduled banks must ordinarily maintain at least 90% of required CRR on each day while satisfying the prescribed average.
Calendar-fortnight reporting transition
Form A is fortnightly and, under the amended reporting structure, relates to the last day of each fortnight. The Directions specify the December 2025 / January 2026 transition and the NDTL reference dates to be used.
Form VIII timing
Every scheduled commercial bank submits Form VIII before the 20th day of each month for the immediately preceding month, with the daily-position annex required by the Directions.
Working workflow
Confirm that Commercial Banks — CRR / SLR current framework applies to the bank, product, transaction and review date.
Open the primary source for Commercial Banks — CRR / SLR current framework and record its issue/modified date and any supersession note.
Map only the operative paragraphs of Commercial Banks — CRR / SLR current framework that affect the process; assign an owner and evidence item to each.
Update policy, system, contract/customer document, board approval or return as required by Commercial Banks — CRR / SLR current framework.
Test a live sample and retain the evidence plus regulatory filing/approval acknowledgement before closing the review.
Practical implementation example
Treasury calculates the fortnight-end reserve/liquid-asset position using the current calendar-fortnight basis, reconciles the statutory return to the general ledger, and separately tests any shortfall/penal-interest consequence. The return is not signed off from a legacy alternate-Friday worksheet.
Professional result: implementation is closed only when the current official instrument, applicability conclusion and operational evidence agree.
Forms, returns and filing
- Form A: statutory CRR return, with Memorandum, Annex A and Annex B as specified in the Directions.
- Form VIII: statutory SLR return, with the prescribed daily-position annex.
- Portal: CIMS electronic filing; current Directions state hard-copy filing is not used for scheduled commercial banks under the post-15 December 2025 structure.
RBI — Commercial Banks CRR/SLR Directions, 2025
Evidence checklist
- current official copy or RBI/Gazette source for Commercial Banks — CRR / SLR current framework.
- applicability memo tying the bank/product to Commercial Banks — CRR / SLR current framework.
- paragraph-by-paragraph implementation matrix for the requirements actually engaged.
- board/policy/system/customer-document evidence created by the implementation.
- filing/return/approval acknowledgement where Commercial Banks — CRR / SLR current framework requires regulatory submission.
Banking Regulation Act sections connected to this instrument
Cross-links show relevance only; each instrument retains the legal basis stated in its own official text.
Amendment / version discipline
Use the Commercial Banks — CRR / SLR current framework version effective on the event date; record amendments or supersession.
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Disclaimer
Educational reference. Verify the current official instrument and entity-specific RBI requirements before implementation.