What is LRR and SLR????????
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Answered by
7
SLR - Statutory liquidity ratio is the Indian government term for the reserve requirement
that the commercial banks in India required
to maintain in the form of cash.
LRR- Learner License registration , it means
for granding a person to drive her / him independentely on road.
that the commercial banks in India required
to maintain in the form of cash.
LRR- Learner License registration , it means
for granding a person to drive her / him independentely on road.
varandeepsahota:
HERE LRR - LEGAL RESERVE RATIO
Okk sorry.... for writing wrong...
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Answered by
6
LRR (legal reserve ratio) refers to that legal minimum fraction of deposits which the banks are mandate to keep as cash with themselves (SLR)
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