Interested to Buy Any Domain ? << Click Here >> for more details...
What is the current SLR?
- 2 Answers
- 6932 Views
- IBPS, State Bank Of India SBI, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / shinoj.k.s.
Ans:- SLR - 25% (w.e.f. 07/11/2009) Increased from 24%
which was continuing since. 08/11/2008
These include:
1.Interest rate increases.
2.Changes in the prudential regulation of banks’
investments in G-Sec.Most G-Sec held by banks are long-term
fixed-rate bonds, which are sensitive to changes in
interest rates. Increasing interest rates have eroded
banks’ income from trading in G-Sec.
Recently a huge demand in G-Sec was seen by almost all the
banks when RBI released around 108000 crore rupees in the
financial system. This was by reducing CRR, SLR & Repo
rates. This was to increase lending by the banks to the
corporates and resolve liquidity crisis. Providing economy
with the much needed fuel of liquidity to maintain the pace
of growth rate. However the exercise became futile with
banks being over cautious of lending in highly shaky market
conditions. Banks invested almost 70% of this money to
rather safe Govt securities than lending it to corporates.
Value and Formula
The quantum is specified as some percentage of the total
demand and time liabilities ( i.e. the liabilities of the
bank which are payable on demand anytime, and those
liabilities which are accruing in one months time due to
maturity) of a bank.
SLR Rate = Total Demand/Time Liabilities x 100%
This percentage is fixed by the Reserve Bank of India. The
maximum and minimum limits for the SLR are 40% and 25%
respectively.[1] Following the amendment of the Banking
regulation Act(1949) in January 2007, the floor rate of 25%
for SLR was removed. Presently, the SLR is 25% with effect
from 7 November, 2009. It was raised from 24% in the RBI
policy review on 27 October, 2009.
| Is This Answer Correct ? | 7 Yes | 2 No |
Answer / vinay kumar pagidikondala
SLR Means Statuary liquidity ratio, Every bank has to
maintain certain percentage in the form Securities over its
deposits and credits with RBI this is known as SLR
Present SLR is 25%
| Is This Answer Correct ? | 2 Yes | 1 No |
who will conducting the LIC ADO EXAM? IBPS OR LIC OWN?
did anyboby get appointment letter for sbh(a.p) clerk post.please inform
Hii !! Friends I wanna know that when is Union Bank Clerical exam held on 10-01-2010 is likely to be coming??? If any information then please do share...
already asked question in interview of sbi clerk
0 Answers State Bank Of India SBI,
Express different insurance schemes
0 Answers Indian Overseas Bank,
I got a interview call from tamilnadu mercantile bank for clerk,and i have some confusion in answering some of the questions. 1. I am MBA and in interview if they say you are overqualified and ask why did you applied for clerk rather than PO how can i answer? The reality is i found clerk exam to be lot easier than PO, so how can i answer them? 2.What to answer if they ask why did you chose our Bank? 3.And what kind of questions they usually ask?
1 Answers Tamilnad Mercantile Bank, TMB,
where was gandhi born?
I have finally been selected for Punjab National Bank Clerical Grade for Delhi State and want to know from where I should get medical done (any qualified MBBS will do or it should be from govt. hospital)
0 Answers Clerical Jobs, Punjab National Bank,
which questions will be asked in sbi clerk interview
0 Answers State Bank Of India SBI,
please send me last ten years entrance exam question papers of sbi clerical?
sharing of interview questions of sbi on 26th april 2010
400 Answers State Bank Of India SBI,
discuss about the interview of Allahabad bank clerical exam
22 Answers Allahabad Bank, State Bank Of India SBI,
POs 
