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What Is The Difference Between CRR And SLR?
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What Is The Difference Between CRR And SLR?
CRR ( Cash Reserve Ratio) refers to the legally required cash reserves of the commercial banks with the central bank as a percentage of their total deposits Whereas SLR ( Statutory Liquidity Ratio) refers to liquid assets of the commercial banks which they are required to maintain as a minimum percentage of their total deposits.
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What Is The Difference Between CRR And SLR?
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