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Question
What is SLR?
What is SLR?
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Solution
SLR stands for Statutory Liquidity Ratio. It refers to the minimum percentage or amount of deposits that a commercial bank needs to maintain in the form of cash, gold or securities before offering credit to the customers.
Also read:
- Credit Creation by Commercial Bank
- Difference Between Monetary Policy and Fiscal Policy
- Limits to Credit Creation and Money Multiplier
Learn about more questions and answers on business studies and various other commerce topics from our website.
SLR stands for Statutory Liquidity Ratio. It refers to the minimum percentage or amount of deposits that a commercial bank needs to maintain in the form of cash, gold or securities before offering credit to the customers.
Also read:
- Credit Creation by Commercial Bank
- Difference Between Monetary Policy and Fiscal Policy
- Limits to Credit Creation and Money Multiplier
Learn about more questions and answers on business studies and various other commerce topics from our website.
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