New Delhi, Feb. 4 -- The Reserve Bank of India (RBI) may start using the Cash Reserve Ratio (CRR) more as a regulatory intervention tool rather than just a liquidity management tool in the future, according to a report by the State Bank of India (SBI).

The report highlighted the urgent need for the central bank to revisit its existing liquidity management framework.

It said "The RBI could look into using CRR more as a regulatory intervention tool / countercyclical liquidity buffer rather than as a liquidity tool in future. There is an urgent need to revisit the existing liquidity management framework by RBI"

Currently, the RBI uses various measures to manage liquidity in the banking system, such as Open Market Operations (OMO), CRR, an...