Can I read CRR and SLR in Indian Banking System on EtoBox?

CRR and SLR in Indian Banking System by Shraddha Gawade is a document available to read on EtoBox.

What is CRR and SLR in Indian Banking System about?

i) CRR refers to the percentage of deposits that banks must maintain as reserves with the central bank. It allows the central bank to control money supply. The current CRR in India is 6.5%. ii) SLR refers to the percentage of deposits that banks must maintain as cash, gold, or approved securities. It aims to restrict bank lending and ensure bank solvency. The current SLR in India is 24%. iii) CAR measures a bank

Author

Shraddha Gawade

Language

EN