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CRR and SLR: Definitions and Trends by Radhey Jangid is a document available to read on EtoBox.
This document summarizes trends in the cash reserve ratio (CRR) and statutory liquidity ratio (SLR) in India from 2008 to 2012. It explains that CRR is the amount of cash banks must keep with the Reserve Bank of India to ensure solvency, while SLR determines the amount of liquid assets banks must hold. Over the past 5 years, CRR has decreased from 7.75% to 4.75%, while SLR has decreased slightly from 24% to 23%. Increasing CRR reduces money availability and can increase interest rates, while decreasing SLR
- Author
- Radhey Jangid
- Language
- EN