Interested to Buy Any Domain ? << Click Here >> for more details...
What is the current SLR?
- 2 Answers
- 6836 Views
- IBPS, State Bank Of India SBI, I also Faced
- E-Mail Answers
Answer Posted / 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 |
Post New Answer View All Answers
aLL SBI Aspirants from UTTARAKHAND share your views to help each other here.
hi, my hobbies are calligraphy and danceing ...so which type of question can be asked frm my hobbies .....plz reply fast bcoz my interview is on 6th may...
hi I M RAJESH KUMAR I m selected for interview of OBC clerical 2010. plz tell me what type of question are asked in interview. my interview will be held in lucknow. plz mailo me at roymukkesh@gmail.com
please provid your interview experience and question they asked on 26th and 28th april 2010
Hi friends, I m Esha Tongya and i hav been shortlisted for SBI Clerical exam. I am a bio postgraduate and would this make a difference in my interview? what can be the interview questions for me and how can i best answer them? pls revert me back with the best reply possible on my mail id eshajains@gmail.com. Pls hurry....
hie! i recently cleared my bannk of india clerical exam. can anyone pls tell me about interview questions and how to conduct myself there
I have been shortlisted for sbi asso clerk interview.For character certificate when I called my college people in admin off said that you are already a passout so we can't issue certificate....im a 2012 passout....what to do now? please anyone suggest.
How many of you SBI Clerk 2009 aspirants are from Uttrakhand. Share your views/exp. here? ATUL KASHIPUR (UTTRAKHAND)
Hi Garima, I just wanted to ask, how to prepare for get selected in clerical exam, however i have apeared in many exams but never succeeded, how much % required to qualify the exam , or come in merit.
in sbi associate biodata form,what we have to write under column "indicate faculty " under class x?
if you got not selected than what you do next?
HELLO DEAR, I HAVE SHORTLISTED FOR INTERVIEW BY THE INDIAN BANK. MY INTERVIEW WILL BE IN 04/01/2010. PLEASE TELL ME WHAT ARE THE QUESTION WILL ASK?
I have to get character certificate for sbi interview. In that, there is a statement - I have known this person for ____ years and _____ months. What is the minimum year it should be? Is 1 year also acceptable??
you have done BE in computer science branch.So why you want to join the bank clerk? plz give me the positive ans regarding the above statement? and send the logic behind it? please send the ans to mail id "akashpatel03@hotnmail.com"
why banking field is better than other field in government sector................reply fast
