Current Affairs - October, 2010

Current Trends: Statutory Liquidity Ratio

October 12, 2010

As per Section 24 (2A) of Banking Regulation Act 1949, every banking company in India has to maintain equivalent to an amount which shall not at the close of the business on any day be less than certain portion of the total of its net demand and time liabilities (NDTL). The components of SLR are ..

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