answersLogoWhite

0

What is statutory liquid ratio?

Updated: 9/14/2023
User Avatar

Wiki User

12y ago

Best Answer

SLR stands for Statutory Liquidity Ratio.

Statutory Liquidity Ratio is the amount of liquid assets, such as cash, precious metals or other approved securities, that a financial institution must maintain as reserves other than the Cash with the Central Bank. The statutory liquidity ratio is a term most commonly used in India.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

15y ago

statutory lifquidity ratio, is a ratio which all banks maintains with rbi, for which rbi pays some interest also.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is statutory liquid ratio?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance
Related questions

What are the types of liquidity ratios?

1) Statutory Liquid Ratio 2) Cash Reserve Ratio


What is the current statutory liquid ratio of India?

The current SLR ratio prescribed by RBI as of 29th December 2008 is 24%


Statutory lending ratio?

There is no statutory lending ratio.


What is the slr ratio for bank?

SLR stands for Statutory Liquidity Ratio. Statutory Liquidity Ratio is the amount of liquid assets, such as cash, precious metals or other approved securities, that a financial institution must maintain as reserves other than the Cash with the Central Bank. The statutory liquidity ratio is a term most commonly used in India.


What is the current statutory liquid ratio of India as on 28th November 2009?

free menber and free ress


What is the significance of SLR?

SLR stands for Statutory Liquidity Ratio. Statutory Liquidity Ratio is the amount of liquid assets, such as cash, precious metals or other approved securities, that a financial institution must maintain as reserves other than the Cash with the Central Bank. The statutory liquidity ratio is a term most commonly used in India.


What is the SLR rate by RBI?

SLR stands for Statutory Liquidity Ratio. Statutory Liquidity Ratio is the amount of liquid assets, such as cash, precious metals or other approved securities, that a financial institution must maintain as reserves other than the Cash with the Central Bank. The statutory liquidity ratio is a term most commonly used in India.


What is SLR in banking term?

SLR stands for Statutory Liquidity Ratio. Statutory Liquidity Ratio is the amount of liquid assets, such as cash, precious metals or other approved securities, that a financial institution must maintain as reserves other than the Cash with the Central Bank. The statutory liquidity ratio is a term most commonly used in India.


What do you mean by SLR in banking?

SLR stands for Statutory Liquidity Ratio. Statutory Liquidity Ratio is the amount of liquid assets, such as cash, precious metals or other approved securities, that a financial institution must maintain as reserves other than the Cash with the Central Bank. The statutory liquidity ratio is a term most commonly used in India.


What ia SLR in banking language?

SLR stands for Statutory Liquidity Ratio. Statutory Liquidity Ratio is the amount of liquid assets, such as cash, precious metals or other approved securities, that a financial institution must maintain as reserves other than the Cash with the Central Bank. The statutory liquidity ratio is a term most commonly used in India.


What is the definition of SLR in banking?

SLR stands for Statutory Liquidity Ratio. Statutory Liquidity Ratio is the amount of liquid assets, such as cash, precious metals or other approved securities, that a financial institution must maintain as reserves other than the Cash with the Central Bank. The statutory liquidity ratio is a term most commonly used in India.


What is CRR and SLR in pre reform period?

SLR- Statutory Liquid ratio- is the minium amount of liquid assets a bank must retain. CRR-Cash reserve ratio - is the minium amount of money a bank should retain in form of cash or hard currency.