Similar to CRR, SLR is another method of maintaining liquidity in the economy. It is the amount of money that a bank must preserve in the form of cash, gold or bonds before lending money to its customers. The SLR rate is defined by the RBI to control bank credit. ...
Mandatory Function : Maintenance of minimum Cash Reserve Ratio (CRR) u/s 42 of Reserve Bank of India Act, 1934 & Statutory Liquidity Ratio (SLR) u/s 24 of Banking Regulation Act.1949 are prime responsibilities of Treasury Department
Bank Rate :6.25% Repo Rate : 6 .00% Reverse Repo Rate : 3.35% SDF :5.75% MSF :6.25% CRR : 4.00 % SLR : 18.00% Blog Archive ▼2025(486) Apr 2025(108) Mar 2025(132) Feb 2025(130) Jan 2025(116) ►2024(2569) ►2023(6147) ...
The SLR was minimized from 38.5% in 1991 to 25% in 1997. As a result, banks were left with more funds that could be allocated to agriculture, industry, trade etc. The Cash Reserve Ratio (CRR) is a banks cash ratio of total deposits to be maintained with RBI. The CRR has been ...
Current CRR is 3%. Every Bank has to pay the amount to RBI on every 15 Days. 24. Bank Rate Bank rate is also termed as “Discount Rate” The rate through which RBI charges certain % for providing money to other banks without any security for a Long period of time for 90 Days & ...
The interest rate charged on the loans is called a primary credit lending rate. The maturity of Federal Reserve loans varies from 1 day to a few weeks. Banks also use repurchase agreements (repos) as short-term sources of funds. In a repo, the seller of a security agrees to buy it ...
A CRR B SLR C bank rate D all of these Video Solution Struggling with Banking ? Get free crash course Text SolutionVerified by Experts The correct Answer is:c Show More | ShareSave Answer Step by step video, text & image solution for The rate at which the central bank lends money to...
(i) Investment in non-SLR Bonds ADVERTISEMENTS: (j) Private Placements and (k) Investment in Floating Rate Bonds, Tax-free Bonds, Preference Shares, Listed/Unlisted Equity Shares, Mutual Funds, etc. 2. Liability Products: (a) Call/Notice Money Borrowing. ...
RBI Announces Further Measures for Monetary and Liquidity Management- Cuts repo rate, CRR, SLR...click here RBI's RBI Mid-Term Review of Annual Policy Statement for 2008-09 dated October 24, 2008 keep rates unchanged ...Click for Full Text The...
(CRR) is required on the Bank's time and demand liabilities at the rate of 6% and has been calculated and maintained with Bangladesh Bank in Al-Wadia Current Account while Statutory Liquidity Ratio (SLR) of 11.50% is required, including cash reserve requirement, on the same liabilities is ...