Interested to Buy Any Domain ? << Click Here >> for more details...
What is the current SLR?
- 2 Answers
- 6935 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
Leave rule of 6th pc
what is credit control?
can i know anyone who got selection from hyd circle for sbi november2009 clerical?
hi frns, my ques are 1) what is master budget? 2) what is capitalization?
i have cleared aptitude test in repco foundation. Now gonna attend my interview on 20.03.2012 .Can u tell me what kind of questions will be asked in the interview.
hii i selected for karnataka bank clerks.my interview is 1st june 2011. im frm andhra pradesh.can i get job placement to andhra after finishing the interview.any 1 selected frm andhra plz msg me on 7207655202
Plz guys share the interview questions of BOB clerk........ Thanks in advance......
what quality should clerk posses?
Hi i would like to know what are reasons for medically unfit for sbi clerk. iam OH like Paraplegea so I finished my interview But now tension about medical test ple.. anybody clarify my query my id bthimothi@gmail.com
what are the marketing questions may be asked for SBI clerical interview
When will be the result of State Bank Of India Associate Clerical Exam held in January this year is likely to get announce? If any idea please share the information here.
hi.I m lila.i have cleared the iob clerk interview through ibps.I am an OBC candidate.but i dont have obc certificate. my form was rejected twice.will they again to submit OBC? will they reject me?what should i do. will they consider me in general now? plz help me out.
when will be union bank result annouced?which exam held on 4 april 2010.sir please send it on my id no. that is rinku_del246@rediffmail.com.
when will oriental bank final results will get announced?is 60% in written test for general category is enough to clear the interview?if anybody knows ,please reply.
hi,i have selected for sbi interview.do i need to submit the medical fitness certificate and i am not a handicap.
