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Bank PO Interview Preperation Questions
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bankhub
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Syndicate Bank Interview Preperation Questions
What is SLR?
Every bank is required to maintain 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...
[Plus]
Syndicate Bank Interview Preperation Questions
What is SLR?
Every bank is required to maintain 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 unencumbered approved securities.
The ratio of liquid assets to demand and time liabilities is known
as Statutory Liquidity Ratio (SLR).
Present SLR is 24%.
(reduced w.
e.
f.
8/11/208, from earlier 25%)
RBI is empowered to increase this ratio up to 40%.
An increase in SLR also restrict the bank’s
leverage position to pump more money into the economy.
What is SLR ? (For Non Bankers)
SLR stands for Statutory Liquidity Ratio.
This term is used by bankers and indicates the
minimum percentage of deposits that the bank has to maintain in form of gold, cash or
other approved securities.
Thus, we can say that it is ratio of cash and some other approved
to liabilities (deposits) It regulates the credit growth in India.
What are Repo rate and Reverse
[Moins]
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