Distinguish between Cash Reserve Ratio and Statutory Liquidity Ratio.
Answers
Answered by
4
Cash Reserve Ratio is a certain percentageof bank deposits which banks are required to keep with RBI in the form of reserves or balances. Both CRR & SLR are the components of the monetary policy. However, there are a few differences between them. ... The Central Bank controls the liquidity in the Banking system with CRR.
Similar questions