Tell me what is Statutory Liquidity Ratio – SLR?
Submitted by: MuhammadStatutory Liquidity Ratio refers to the amount that the commercial banks require to maintain in the form of cash, or gold or govt. approved securities before providing credit to the customers. Statutory Liquidity Ratio is determined and maintained by the Reserve Bank of India in order to control the expansion of bank credit.
Submitted by: Muhammad
Submitted by: Muhammad
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