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What Is Statutory Liquidity Ratio (slr)? |
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Answer» SLR is the AMOUNT of NDTL which a bank needs to maintain in the FORM of CASH, gold or govt. securities before PROVIDING credit to its customers. Through SLR, RBI makes sure that bank always have a reserve amount out of their deposits to meet any future contingencies SLR is the amount of NDTL which a bank needs to maintain in the form of cash, gold or govt. securities before providing credit to its customers. Through SLR, RBI makes sure that bank always have a reserve amount out of their deposits to meet any future contingencies |
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