|Definition||:||Statutory Liquidity Ratio|
|Category||:||Business » Banking|
What does SLR mean?
Statutory Liquidity Ratio (SLR) is the amount of liquid assets such as precious metals or other approved securities, that a financial institution must maintain as reserves. SLR rate is determined and maintained by the Reserve Bank of India (RBI) in order to control the expansion of bank credit.
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Frequently Asked Questions (FAQ)
What is the full form of SLR in Banking (India)?
The full form of SLR is Statutory Liquidity Ratio