Mumbai: The Reserve Bank of India will ease the Statutory Liquidity Ratio (SLR) norms from October to induce liquidity into the financial system, amid concerns of a credit crunch. SLR is a reserve requirement that commercial banks must maintain. According to the RBI, “the increase in ‘Facility to Avail Liquidity for Liquidity Coverage Ratio’ (FALLCR), […]
Copyright © 2024 - Odisha Television Limited All Rights Reserved.