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Can I read Rbi Non SLR Investment Cirulars 2016-17 on EtoBox?
Rbi Non SLR Investment Cirulars 2016-17 by oneplusbule is a document available to read on EtoBox.
What is Rbi Non SLR Investment Cirulars 2016-17 about?
The RBI has issued guidelines allowing State and Central Co-operative Banks to invest in Non-SLR instruments, with a maximum limit of 10% of total deposits. Investments are permitted in specific instruments such as rated commercial papers, debt mutual funds, and shares of market infrastructure companies, while restrictions apply to perpetual debt instruments and certain mutual funds. Banks must review their investment policies and disclose details of their Non-SLR investments in their balance sheets.
- Author
- oneplusbule
- Language
- EN