Question

what is the difference between cash reserve ratio ( CRR ) and statutory liquidity ratio ( SLR )​

Answer 1

Explanation:

Cash reserve Ratio (CRR) is a percentage of money to be kept by all the banks with Reserve Bank of India in the form of cash and hence it regulates the flow of money in the economy while Statutory liquidity ratio (SLR) is time and demand liabilities of the bank which are to be kept with the bank itself to maintain ...