RBI Raises Daily CRR Maintenance Requirement to 99%
The Reserve Bank of India (RBI) raised the minimum daily Cash Reserve Ratio (CRR) maintenance requirement for scheduled banks from 90% to 99% of the prescribed CRR. The change takes effect from the reporting fortnight beginning 16 October 2026, while the overall CRR remains unchanged at 3%. The RBI announced the measure on 9 October 2026 amid banking-system surplus liquidity of about ₹3.88 lakh crore as of 8 October.
Rare Olive-Green Snake Reported in Karnataka’s B.R. Hills
A rare olive-green snake was reported from Biligiri Rangaswamy Temple Hills (B.R. Hills), Karnataka, on 9 October 2026. The available details do not establish the snake’s species, the precise sighting location or the circumstances of the encounter. Several snake species in India have olive-green or olive-brown colouring, so colour alone cannot confirm identification.
Red-Headed Vulture Sighted in Uttarakhand’s Munsiyari
A Red-Headed Vulture (Sarcogyps calvus), classified as Critically Endangered by the International Union for Conservation of Nature (IUCN), was sighted on 5 October 2026 in the Munsiyari area of Pithoragarh district, Uttarakhand. The observation was made at about 2,650 metres above sea level in the forests of Patalthod, between Balati Bend and Munsiyari town.