Practicing Success
Which of the following reserves is kept with the commercial banks? |
Statutory Liquidity Ratio Cash Reserve Ratio Minimum Reserve Ratio Monetary Reserve Ratio |
Statutory Liquidity Ratio |
SLR is the minimum percentage of deposits that a commercial bank has to maintain in the form of liquid cash, gold or other securities. It is kept with the commercial bank itself. Whereas, CRR is required to be deposited with RBI. |