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What is statutory liquidity ratio (SLR)?

+3 votes

asked Feb 2, 2018 in Class 12 by kratos

What is statutory liquidity ratio ( SLR)?

money
class-11
reserve bank of india
money and banking
fiscal system of india
class-12
banking

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1 Answer

+4 votes

answered Jun 17, 2020 by kratos

Best answer

Every Commercial Bank is required to keep a fixed percentage (ratio) of its assets in cash, called SLR.

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