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Q.

What is the meaning of SLR in economic term?

Asked by Tshering Dukpa, 03 Nov '08 09:27 am
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Answers (3)

1.

Statutory Liquidity Ratio (SLR). Statutory Liquidity Ratio (SLR) is a term used in the regulation of banking in India. It is the amount which a bank has to maintain in the form of cash, gold or approved securities. The quantum is specified as some percentage of the total demand and time liabilities ( i.e. the liabilities of the bank which are payable on demand anytime, and those liabilities which are accruing in one months time due to maturity) of a bank. This percentage is fixed by the Reserve Bank of India.
Answered by iqbal ahmed, 03 Nov '08 09:30 am

 
  
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2.

Statutory Liquidity Ratio refers to the amount that the commercial banks require to maintain in the form of cash, or gold or govt. approved securities before providing credit to the customers.
Answered by Doctor Know, 03 Nov '08 09:29 am

 
  
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3.

Slr is the amount that a bank has to maintain in form of cash , gold or any other approved securities like shares,bonds etc.at present slr is 25%
Answered by sam lamba, 11 Nov '10 10:12 pm

 
  
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