The lender has requested the Reserve Bank of India (RBI) for a phased approach to meet the requirements for statutory liquidity ratio (SLR) - the percentage of deposits that banks invest in government bonds - and the cash reserve ratio (CRR), or the portion of deposits that banks must hold in liquid cash, bank executives have said.
from Banking/Finance-Industry-Economic Times https://ift.tt/gsyLB6i
via IFTTT
No comments:
Post a Comment