Answer / Santosh Kumar Gautam

Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) are regulatory requirements in India that mandate banks to hold a certain percentage of their deposits in liquid assets. CRR is the percentage of a bank's total deposits it must hold in cash or highly liquid instruments at all times, while SLR requires banks to maintain a minimum percentage of their deposits in the form of government securities and gold.

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