Question

what is SLR ? explain it

Answer 1

hey mate........


Statutory liquidity ratio (SLR) is the Indian government term for the reserve requirement that the commercial banks in India are required to maintain in the form of cash, gold reserves, government approved securities before providing credit to the customers.



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Answer 2

hey mate

here is your answer :-

SLR is the amount a commercial bank needs to maintain in the form of cash , or gold or govt . approved security before providing credit to its customers . SLR rate is determined and maintain by rbi in order

I hope it helps you

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