Statutory liquidity ratio: Difference between revisions - Wikipedia
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Line 42: SLR rate = (liquid assets / (demand + time liabilities)) × 100% This percentage is fixed by the central bank. The maximum and minimum limits for the SLR are 40% and 25% respectively in India.<ref>Master Circular of RBI to banks http://rbidocs.rbi.org.in/rdocs/notification/PDFs/55663.pdf</ref> Following the amendment of the Banking regulation Act(1949) in January 2007, the floor rate of 25% for SLR was removed. Presently, the SLR is ==Difference between SLR and CRR== |