What is SLR Rate?
Answer / deepak
SLR (Statutory Liquidity Ratio) is the amount a commercial bank needs to maintain in the form of cash, or gold or govt. approved securities (Bonds) before providing credit to its customers.
SLR rate is determined and maintained by the RBI (Reserve Bank of India) in order to control the expansion of bank credit. SLR is determined as the percentage of total demand and percentage of time liabilities. Time Liabilities are the liabilities a commercial bank liable to pay to the customers on their anytime demand. SLR is used to control inflation and propel growth. Through SLR rate tuning the money supply in the system can be controlled efficiently.
| Is This Answer Correct ? | 0 Yes | 0 No |
hi im vinuta, i want to know the meaning of liquidity? i know that it means converting the assets into cash, but i want to know something more than that, so kindly help me?
Can you differentiate between cheque and draft?
0 Answers State Bank Of India SBI,
What are the different risk management techniques used in trading?
Types of Lease?
17 Answers HDFC, Mani Associates,
What is the usage of IFSC Code?
What is the instrument that cannot be transferred from one person to another by endorsement.
why wns
What idea do you frame of insurance sector in India?
How will you differentiate between direct and indirect taxes?
0 Answers State Bank Of India SBI,
What is the full form of SLR and its meaning?
What are the advantages of 'debit card'?
We have outstanding 100000 equity of 10 each. For expansion of business we need Rs.500000. which of the following option will be beneficial for equity shareholders ? If net profit before interest & tax is 300000 &tax rate is 40%.(1)-50000 equity sh of Rs 10 each,(2)-10% Pref Sh.. Rs 100 each,(3)- 5000 10% debentures.??????????
4 Answers Genpact, Management,
Business Administration (517)
Marketing Sales (1279)
Banking Finance (3209)
Human Resources (747)
Personnel Management (68)
Hotel Management (29)
Industrial Management (113)
Infrastructure Management (14)
IT Management (97)
Supply Chain Management (16)
Operations Management (39)
Funding (79)
Insurance (494)
Waste Management (1)
Labor Management (48)
Non Technical (73)
Business Management AllOther (546)