SLR Rate In 2023: What Is SLR, Latest Statuary Liquidity Ratio In India

Both the Statutory Liquidity Ratio (SLR) and the Cash Reserve Ratio (CRR) are elements of India’s monetary policy. Call money market borrowings, investments, and certificates of deposit in other banks are all included in a bank’s liabilities. In other words, the quantity of money available to banks for investment decreases as the Cash Reserve Ratio […]