Statutory liquidity ratio
Appearance
Statutory Liquidity Ratio (SLR) is a term used in the regulation of banking in India. It is the amount which a bank has to maintain in the form of cash, gold or approved securities. The quantum is specified as some percentage of the total demand and time liabilities of a bank. This percentage is fixed by the Reserve Bank of India. The date which is taken to calculate the demand and time liabilities of the bank is the last Friday of the preceding fortnight.
See also
presently it is 25%.