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What is diffrence between Satutory Liquid Ration and Cash
Reserve Ratio?
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Answer / h.r. sreepada bhagi
Statutory Liquidity Ratio(SLR) - Is the amount of liquid
assets in the form of cash, precious metals, short-term
securities, that a financial institution/bank should
maintain. In India this is stipulated by the Reserve Bank of
India & complied with by the Commercial Banks.
Cash Reserve Ratio(CRR) - The average cash balance required
to be maintained by Scheduled Commercial banks with the
Reserve Bank of India(RBI). This is decided & circulated by
the RBI.
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / raju
Statuatory liquidity ratio means some portion of the
cash/assets keep with the banks according to RBI rule..
Cash reserve ratio means all sheduled commercial banks
should keeep some portion of the cash with the RBI as per
RBI ruleis called as CRR.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / geeta reddy
SLR(Statutory Liquidity Ratio) is something, which all the
banks have to keep aside some portion(24%) of the money
which bank has taken money from the cust..(for Customer
safety) which is liquid.
CRR(cash reserve ratio): is the some portion of amount bank
has to keep aside in the form of cash.
SLR+CRR<=30%
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