What is diffrence between Satutory Liquid Ration and Cash
Reserve Ratio?
- 4 Answers
- 6569 Views
- IIM, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / h.r. sreepada bhagi
Statutory Liquidity Ratio(SLR) - Is the amount of liquid
assets in the form of cash, precious metals, short-term
securities, that a financial institution/bank should
maintain. In India this is stipulated by the Reserve Bank of
India & complied with by the Commercial Banks.
Cash Reserve Ratio(CRR) - The average cash balance required
to be maintained by Scheduled Commercial banks with the
Reserve Bank of India(RBI). This is decided & circulated by
the RBI.
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / raju
Statuatory liquidity ratio means some portion of the
cash/assets keep with the banks according to RBI rule..
Cash reserve ratio means all sheduled commercial banks
should keeep some portion of the cash with the RBI as per
RBI ruleis called as CRR.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / geeta reddy
SLR(Statutory Liquidity Ratio) is something, which all the
banks have to keep aside some portion(24%) of the money
which bank has taken money from the cust..(for Customer
safety) which is liquid.
CRR(cash reserve ratio): is the some portion of amount bank
has to keep aside in the form of cash.
SLR+CRR<=30%
| Is This Answer Correct ? | 0 Yes | 0 No |
What are the purposes of maintaining control ledgers?
What request submit to convert Expenses Report to Invoice
Sir, I am using Tally ERP 9 licensed. Company year 2012-2013. but dispaly in tally last date of entry 25.9.2021 pls help me sir... anandhi0701@yahoo.com
if a sole proprietor pays his firms insurance policy , How it should treated in books of accounts? whether it should be treated as investment? or indirect expenses?or drawings?
What is finalization
Diff between Net profit & Gross profit?
What are the methods used in different industries for labor and non-labor costs in Projects.
0 Answers Reliance, Tirupati Exim,
what are the similarities between provision and reserve?
I had this interview in 09. The interviewer kept on asking this question. Why do you want to join JP Morgan chase? can any1 give me a good answer...???
2 Answers IBM, JPMorgan Chase,
what is the entry of tds
The following figures have been extracted from Katerina’s books of account for the month of April 2010: $ Sales 460 000 Total variable costs 299 000 Total fixed costs 90 000 Profit 71 000 (d) Calculate the sales in dollars necessary to make a profit of $100 000.
What is a Funds flow statement?
Audit 
