## What is SLR today?

Currently, the statutory liquidity ratio rate is 18%. (As on August 27, 2020). RBI has kept 40% as the maximum limit for SLR. SLR is calculated as a percentage of all the deposits held by the bank.

What is the cash reserve ratio in 2021?

What was India’s India Cash Reserve Ratio in 30 Dec 2021?

Last Previous Min
4.000 30 Dec 2021 4.000 29 Dec 2021 3.000 31 Mar 2021

What is SLR in RBI?

Statutory Liquidity Ratio or SLR is a minimum percentage of deposits that a commercial bank has to maintain in the form of liquid cash, gold or other securities. It is basically the reserve requirement that banks are expected to keep before offering credit to customers. The SLR is fixed by the RBI.

### What is SLR rate India?

The maximum limit for the SLR was 40% in India. Following the amendment of the Banking regulation Act (1949) in January 2017, the floor rate of 20.75% for SLR was removed. From April 11,2020, rate of SLR is 18.00%.

What is RBI bank rate?

4.65 per cent
As of January 2021, the Bank Rate decided by the RBI is at 4.65 per cent. When a bank rate changes, it can influence every sphere of the Indian economy, whether in the stock market or while applying for a car loan.

How SLR is calculated?

The formula for calculating SLR ratio is = (liquid assets / (demand + time liabilities)) * 100%.

#### What is CRR SLR?

CRR or cash reserve ratio is the minimum proportion / percentage of a bank’s deposits to be held in the form of cash. SLR or statutory liquidity ratio is the minimum percentage of deposits that a bank has to maintain in form of gold, cash or other approved securities.

What is SLR in banking?

What is the current SLR rate in India?

18.00%
Objectives of RBI Monetary Policy

Indicator Current Rate
SLR 18.00%
Repo Rate 4.00%
Reverse Repo Rate 3.35%
Marginal Standing Facility Rate 4.25%

## What is CRR in banks?

Cash reserve ratio (CRR) is the percentage of a bank’s total deposits that it needs to maintain as liquid cash. This is an RBI requirement, and the cash reserve is kept with the RBI. A bank does not earn interest on this liquid cash maintained with the RBI and neither can it use this for investing and lending purposes.

Do banks earn interest on CRR?

How does Cash Reserve Ratio (CRR) Work with Banks? In the context of cash reserve ratio, banks prefer when it is low. This is because commercial banks need to keep this ratio of funds with the Reserve Bank of India without earning any interest on these funds. The money is kept for free.

What is the current CRR and SLR of RBI?

The Reserve Ratios which include Cash Reserve Ratio (CRR) stood at 4.00% and the Statutory Liquidity Ratio (SLR) at 19.00%, according to data of Major Monetary Policy Rates and Reserve Requirements released by the Reserve Bank of India.

### What is the current level of CRR in India?

The Cash Reserve Ratio (CRR) last witnessed a change in its level on March 28, 2020 when it declined by 1.00% from its previous level of 4.00%. As of today, i.e. on June 12, 2021, the Policy Rates which include Repo Rate stood at 4.00%, Reverse Repo Rate at 3.35%, Marginal Standing Facility (MSF) Rate at 4.25% and Bank Rate at 4.25%.

What is the current rate of SLR in India?

New RBI Rates for SLR, CRR, RBI Repo Rate August 06, 2021 New Policy Rates by RBI in Indian Banking (as on August 06, 2021): SLR Rate : 18.00% CRR : 4.00%

What is the cash reserve ratio (CRR)?

Cash Reserve Ratio (CRR): It is the percentage of deposits that a bank has to keep as reserves with the RBI. When the Government increases CRR, the bank has to keep a larger percentage of its deposits as reserves. It has lesser funds available to lend.