Economy, asked by salimkhan2092, 9 months ago

What is the role of crr and slr in credit control

Answers

Answered by PrinceJK786

5

Answer:

Cash Reserve Ratio (CRR) is the percentage of total deposits that commercial bank has to keep with RBI. Statutory Liquidity Ratio (SLR) is the percentage of total deposits that commercial bank has to keep with itself in form of cash reserves, gold and government securities. It is an addition to CRR.

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