answersLogoWhite

0

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

13y ago

What else can I help you with?

Related Questions

What is current SLR rate by RBI?

Presently, the SLR is 25% with effect from 7 November, 2009. It was raised from 24% in the RBI policy review on 27 October, 20109.


What is the current SLR rate of India?

Current SLR of RBI is 23% with effect from 01/08/2012.


What is the SLR rate on dec2008?

SLR here means STATUTORY LIQUIDITY RATIO that banks has to maintain in liquid assets. This has been reduced to 24% in November 2008 by RBI. Earlier it was 25% for a long time. now reduced to 24%. This is a directive of Reserve Bank of India and is decided by RBI from time to time.


Current SLR of India?

Presently, the SLR is 25% with effect from 7 November, 2009. It was raised from 24% in the RBI policy review on 27 October, 2009.


What is CRR rate by RBI 2010?

The CRR rate is 3% to 15% fixed by RBI.


What is the current CRR and SLR rate for 2011?

The present rate of CRR is 6% and SLR is 24%.Thank you.


Why rbi increases or decreases repo rate and reverse repo rate?

through this rbi controls inflation and deflation.


What is the current CRR and SLR rate of Bangladesh for 2012?

crr=6% slr=19%


Which of the rate is not determined of RBI?

reverse repo rate..


What is the difference between marginal standing facility and repo rate?

LAFMSFLiquidity adjustment facility, this is for short term Marginal standing facility, this is for long term Minimum bidding amount is 5 cr. 1 cr. All clients of RBI are eligible to bid. Only scheduled commercial banks can bid. Bank cannot sell Government security to RBI that is part of bank's SLR quota. bank can sell the Government security from its SLR quota to RBI. Bank can borrow any amount of money as long as it has the securities to sell. Bank can maximum borrow upto 2% of its NDTL. Suppose repo rate is "r%" current rate [29-07-2013] : 7.25%MSF lending rate is always (r+x)%current rate [29-07-2013] : 10.25%


Do banks lend all the money they receive as desposits?

no,generally banks keep 7.5% of total deposits with rbi as repo rate ,24%as slr and 40% in primary sector and the res amount in day to day transaction.


What is the current statutory liquid ratio of India?

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