Reserve Bank cuts SLR for RRBs to 24 per cent
Posted by admin in Finance Tuesday, 28 December 2010 18:21 No Comments
Reserve Bank cuts SLR for RRBs to 24 per cent
Mumbai, Dec 27 (PTI) The Reserve Bank today announced reduction of Statutory Liquidity Ratio (SLR), requirement for lenders to keep a portion of deposits in government securities, cash and gold, by one percentage point to 24 per cent for regional rural banks (RRBs).
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