The banks are required to maintain a certain ratio between their cash in the hand and totals assets. This is called - Study24x7
Social learning Network
22 Aug 2022 10:58 AM study24x7 study24x7

The banks are required to maintain a certain ratio between their cash in the hand and totals assets. This is called

A

Statutory Bank Ratio (SBR)

B

Statutory Liquid Ratio (SLR)

C

Central Bank Reserve (CBR)

D

Central Liquid Reserve (CLR)

study24x7
Write a comment
  • Harshit

  • The term "SLR" refers to a predetermined minimum percentage of its total assets that commercial banks must keep in liquid assets including gold, cash, and unencumbered authorised securities.

    See more

    Related Questions
    500+   more Questions to answer