What is SLR Rate?
Answer / deepak
SLR (Statutory Liquidity Ratio) is the amount a commercial bank needs to maintain in the form of cash, or gold or govt. approved securities (Bonds) before providing credit to its customers.
SLR rate is determined and maintained by the RBI (Reserve Bank of India) in order to control the expansion of bank credit. SLR is determined as the percentage of total demand and percentage of time liabilities. Time Liabilities are the liabilities a commercial bank liable to pay to the customers on their anytime demand. SLR is used to control inflation and propel growth. Through SLR rate tuning the money supply in the system can be controlled efficiently.
| Is This Answer Correct ? | 0 Yes | 0 No |
What Is Systematic & Unsystematic Risk ?
What is the reason for sudden slump in value of rupee and bourses?
What are the common mistake made in Invest ment?
what is merger, acquisition & amalgamation? what is the differnce between them?
what is the meaning of finance
13 Answers Bank Of America, Genpact,
Do you know what giffen goods are?
0 Answers State Bank Of India SBI,
When will PAT be same as PBT?
What is the treasury stock method?
What are the disadvantages of equity shares?
What are various government schemes started by the government for youth employment?
0 Answers State Bank Of India SBI,
Hi am a MBA FINANCE student,Would anyone suggest what course will be good to take up further , either CWA or CS. Hope you will fulfill the need.
Define Non Convertible Debentures?
0 Answers Joint Stock Company,
Business Administration (517)
Marketing Sales (1279)
Banking Finance (3208)
Human Resources (747)
Personnel Management (68)
Hotel Management (29)
Industrial Management (113)
Infrastructure Management (14)
IT Management (97)
Supply Chain Management (16)
Operations Management (39)
Funding (79)
Insurance (494)
Waste Management (1)
Labor Management (48)
Non Technical (73)
Business Management AllOther (546)