RBI Update - Penal Interest on shortfall in CRR and SLR requirements - Change in Bank Rate

The Reserve Bank of India, through its Monetary Policy Statement 2025-26 dated December 05, 2025, has revised the Bank Rate downward by 25 basis points from 5.75 per cent to 5.50 per cent, with immediate effect. Consequently, the penal interest rates on shortfall in Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) requirements, which are linked to the Bank Rate, stand revised to Bank Rate plus 3.0 percentage points (8.50 per cent) and Bank Rate plus 5.0 percentage points (10.50 per cent), depending on the duration of the shortfall, effective immediately. Link - View Circular