could you please tell me what CRR & SLR?
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Answer / muhammad ali
crr stand for cash reserve ratio, which is the amount of
found that all sheduled banks are requered to maintain with
RBI, were as SLR Stands for Statutory Liquidity Ratio which
means , every bank is required to maintain in
India at the close of business every day, a minimum
proportion of their Net Demand and
Time Liabilities as liquid assets in the form of cash, gold
and un-encumbered approved securities
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