what is statitary liquidity ratio
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Explanation:
Indian banking terms, statutory liquidity ratio (SLR) refers to the minimum reserve requirement that needs to be maintained by commercial banks in the nation. This term is used by the Indian government. ... Every bank must maintain this particular SLR as it assists in the process of increasing bank credit.
Answered by
1
Explanation:
Banks are obliged to maintain reserves with central bank in two accounts
1.Cash Reserve Ratio (CRR)
2.Statutory Liquidity Ratio(SLR)
The minimum cash in which the commercial banks have to keep with themselves only as a ratio of thier deposits is called SLR
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