Banking · Banking Regulation
What is Statutory Liquidity Ratio (SLR) in banking?
- 1The rate at which commercial banks park their funds with RBI
- 2The rate at which RBI lends money to commercial banks
- 3The percentage of deposits to be kept with the RBI in cash
- 4The percentage of NDTL that banks must maintain in cash, gold, or approved securities✓
Correct answer
The percentage of NDTL that banks must maintain in cash, gold, or approved securities
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