SLR

Definition : Statutory Liquidity Ratio
Category : Business » Banking
Country/Region : India India
Popularity :

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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