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  • Monetary Policy

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    jess
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    The SLR limit in India was previously capped at 40% but following an amendment to the Banking Regulation Act in January 2017, the floor rate of 20.75% for SLR was removed. The Statutory Liquidity Ratio (SLR) is the amount of total deposits that banks have to maintain in liquid assets like government securities.

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    The SLR limit in India was previously capped at 40% but following an amendment to the Banking Regulation Act in January 2017, the floor rate of 20.75% for SLR was removed. The Statutory Liquidity Ratio (SLR) is the amount of total deposits that banks have to maintain in liquid assets like government securities.

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    17 views29 pages

    Monetary Policy

    Uploaded by

    jess
    The SLR limit in India was previously capped at 40% but following an amendment to the Banking Regulation Act in January 2017, the floor rate of 20.75% for SLR was removed. The Statutory Liquidity Ratio (SLR) is the amount of total deposits that banks have to maintain in liquid assets like government securities.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 29

    The maximum limit for the 

    SLR was 40% in India. Following


    the amendment of the Banking regulation Act (1949) in January
    2017, the floor rate of 20.75% for SLR was removed.
    Mechanism

    As this was a chart drawn up in Augearlier


    2014, students
    yrs are advised to
    look up the current Bank Rate, MSF, Repo, Reverse Repo, SLR &
    CRR rates.

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