what is SLR
Answers were Sorted based on User's Feedback
Answer / rakesh aggarwal
statoury liquidity ratio
at present rate -25%
this is related to bank have to maintain there cash
liquidty then he deposite some cas ,gold etc. deposite to
rbi.
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Answer / nichit pandurang
statutory liqid ratio
current Rate 24 %
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / ravinder singh
SLR IS BASICALLY STATUTORY LIQUIDITY RATIO.BANKS NEEDS TO
MAINTAIN THIER CASH,GOLD, EVERYDAY UPTO THE SLR PERCENT AS
PER THE INSTRUCTION OF RBI.THE BANKS NEEDS TO KEEP A CHECK
ON IT EVERY DAY.THIS BASICALLY HELPS THIER CREDITORS.
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