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What is the significance of SLR?

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Anonymous

13y ago
Updated: 8/17/2019

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.

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Wiki User

13y ago

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