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Tag What is SLR Rate?

21 Dec

What is SLR Rate?

What is SLR Rate?  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 […]

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