Difference between CRR and SLR
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Yogita Ingle 4 years, 7 months ago
Cash Reserve Ratio
Statutory Liquidity Ratio
Minimum percentage of net demand and time liabilities maintained in the form of cash
Minimum percentage of net demand and time liabilities maintained in the form of liquid assets
Controls excess money circulation in the economy
Assists in any providing unexpected demand of the depositor by selling the bonds
Regulates the liquidity of the economy
Regulates the credit growth of the economy
Available in the form of cash
Available in the form of cash, gold and other securities
Maintained with the central bank
Maintained by themselves as directed by RBI
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