Answer / shinoj.k.s.

The objectives of SLR are:

1.To restrict the expansion of bank credit.

2.To augment the investment of the banks in Government

securities.

3.To ensure solvency of banks. A reduction of SLR rates

looks eminent to support the credit growth in India.

The SLR is commonly used to contain inflation and fuel

growth, by increasing or decreasing it respectively. This

counter acts by decreasing or increasing the money supply

in the system respectively. Indian banks’ holdings of

government securities (Government securities) are now close

to the statutory minimum that banks are required to hold to

comply with existing regulation. When measured in rupees,

such holdings decreased for the first time in a little less

than 40 years (since the nationalisation of banks in 1969)

in 2005-06.While the recent credit boom is a key driver of

the decline in banks’ portfolios of G-Sec, other factors

have played an important role recently.

as you said that this is ur dream job then can u tell us about function of a clerk?

0 Answers   State Bank Of India SBI,

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Allahabad Bank result for clerical exam held on 15 March 09 out? the results have not been put on banks website, r the results out??

21 Answers   Allahabad Bank, LBB,

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Hi All, I have cleared the SBI Clerical cadre exam held on 01-03-09 and have my interview on 21st May. Please send me some questions for the preparation of the interview. Please help.... my email id : timtim231@gmail.com

7 Answers   State Bank Of India SBI,

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Frieds, some more information for SBI clerical interview and I am Udaya Bhaskar 9490238751 At present Managing Director of SBH is Smt. Renu Challu and Chief General Manager is Sri. Sudhir Garg. Main office of SBH is situated at Gunfoundry, Hyderabad. Coming to SBI, Sri. OP Bhatt is the Chairman, SK Bhattacharya is MD&CC&RO as of my knowledge. Corporate of office of SBI is located at State Bank Bhavan, PB NO.12, Madame Came Road, Mumbai-400021. Turnover of SBI and its subsidiaries is reached around 8 lakh crores. SBH alone reached turn over of 1 lakh crores and it is equal to Canara Bank Turnover. SBH booked 616 crores Net profit for the year 2008-09. Largest bank of world for 2008 is 1) Industrial & Commercial Bank of China (China) 2) Bank of America (US) 3) (Honkong and Shangai Banking Corporation)HSBC Holdings (UK) Functions of RBI - Serves as Banker to Banks - Serves as Banker to Government - Serves as controlling authority for whole banking process in India - Serves as Currency issuing authority* * Kindly note that issual of coins and one rupee not is done by Ministry of Finance Micro finance is lendig small amounts of money to the poor at lesser interests

0 Answers   State Bank Of India SBI,

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When bank of india will declare the interview results ??Any idea..

15 Answers   Bank Of India,

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WHY BANKING SECTOR IS CALLED FINANCIAL SECTOR?

0 Answers   State Bank Of India SBI,

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I am residing in coimbatore....i am married,hv a baby of 1.5 yrs old..i hv cleared the written exam(SBI)..I am ready to relocate to chennai,if am selected...and my family also agrees for it...i can stay there alone...but i fear is,,whether they will appoint me or reject me...i need this job...plzzzz replyyyy...

2 Answers   State Bank Of India SBI,

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hi friends this is rupa i got selected in written test for saptagiri grameena bank and i have interview pls guide me what type of questions could the interview pose pls if anyknows it send to this jobnews4u@gmail.com pls help me any of the friends to get through in inteview

2 Answers   State Bank Of India SBI,

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why did you choosedsbi for the job while pvt sector bank is paing heavy salary tohis employee ?

4 Answers   State Bank Of India SBI,

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hi guys , this is BHUSHAN MALIK FRM AMRITSAR, i take my interview of state bank of patiala at jalandhar, it was a decent one experience, the panel was very co-operative not to me but with everybody, they didnot try to intimidate students , they ask simple questions , mainly about your city, ur state political scenario, national political scenario, basic information about the new cabimet formed by pm manmohan singh, questions about who's who sort of , and basic gk which every indian must know of , fill everything in ur biodata carefelly , u should be able to explain what you are writing in that , if stiill you face any queerry , email me at bhushan_malik1986@rediffmail.com or call me at 9988017661, one thing if u want to escape from any botheration , plz go with attested certificates , and arrange them carefully

0 Answers   State Bank Of India SBI,

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Hi,I am nivya.I have cleared SBI clerical test conducted in Nov 2009.Can anybody tell me which type of question will be asked?So please friends share your ideas............

1 Answers   State Bank Of India SBI,

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hi i am surya i am preparing for Bank exams i dont have Maths back ground so will u plz tel me which book is better for quantitive aptitude

1 Answers   State Bank Of India SBI,

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