Question

define the term SLR.​

Answer 1

Answer:

SLR (Statutory Liquidity Ratio) is the money a commercial bank needs to preserve in the form of cash, or gold or government authorized securities (Bonds) before providing credit to their own customers. SLR rate is decided by the RBI (Reserve Bank of India) as well as to control the expansion of bank credit.

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Answer 2

SLR is denoting or relating to a single-lens reflex camera.

OR

Statutory Liquidity Ratio

SLR (Statutory Liquidity Ratio) is the money a commercial bank needs to preserve in the form of cash, or gold or government authorized securities (Bonds) before providing credit to their own customers. ... This limitation is added by RBI on banks to make funds available to customers on demand at your earliest convenience.

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