The Reserve Bank of Asia has mandated every bank to own a certain percentage of build up by means of fluid assets, excluding the bucks reserve ratio called the Statutory Liquidity Ratio (SLR).
The Reserve Bank of Asia has mandated every bank to own a certain percentage of build up by means of fluid assets, excluding the bucks reserve ratio called the Statutory Liquidity Ratio (SLR).
Let’s explore the significance of SLR through the topics that are following.
1. How exactly does Statutory Liquidity Ratio work?
Every bank will need to have a specified part of their web need and Time Liabilities (NDTL) in the shape of money, silver, or other fluid assets because of the day’s end.