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Have You Heard About Slr Rate? |
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Answer» It is the minimum amount or the percentage of deposits that should be kept by a bank with RESERVE Bank of India in the form of any SECURITY. In SHORT, it is the RATIO between the cash and approved security. It is the minimum amount or the percentage of deposits that should be kept by a bank with Reserve Bank of India in the form of any security. In short, it is the ratio between the cash and approved security. |
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