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Q.

What is the meaning of CRR & SLR ?

Tags: crr, slr
Asked by Olive Remedies, 15 Jan '11 03:00 pm
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Answers (4)

1.

Cash reserve Ratio (CRR) is the amount of funds that the banks have to keep with RBI. If RBI decides to increase the percent of this, the available amount with the banks comes down. RBI is using this method (increase of CRR rate), to drain out the excessive money from the banks.

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.
Source: Banking
Answered by LIPSIKA, 15 Jan '11 03:22 pm

 
  
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2.

Crr is cash reserve ratio
Answered by REENA LATWAL, 23 Feb '13 07:52 pm

 
  
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3.

Crr means the amount or cash should be given to RBI
SLR means the bank should maintain itself some bonds or cash
Answered by lavanya rao, 31 Jul '12 01:06 pm

 
  
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4.

Cash reserve Ratio, Statutory Liquidity Ratio.
Answered by sharfaziz, 15 Jan '11 03:07 pm

 
  
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