Answer Posted / 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 |
Post New Answer View All Answers
Do you use cab services? What can you comment on Uber and Ola taking the share of local autowalas?
Dear, any body give me MIS repor - excel sheet format for share trading purpose.
What is secularism?
What is a swap?
Name Any Two Types of Shares?
Suggest some ways to improve the economic growth?
What are different types 'tax receipts'?
Lending of Lockers?
DESCRIBE A FAILURE IN PROFESSIONAL OR ACADEMIC LIFE?HOW TO OVERCOME
What Entry Will Be Passed, if Shares Are Issued at Discount?
Which government is controlled the urban co-operative banks?
Give key differences between BSE and NSE?
What is accretion accounting?
what are your suggestions for making workers participation more affective in an it industry
What do you mean by financial accounting?
