give 3 points of difference between CRR SLR

Dear Student,

Here is the answer to your question
Cash reserve ratio (CRR) Statutory liquidity ratio (SLR)
It is minimum amount of funds that a commercial bank has to maintain with the Reserve Bank of India. It is the minimum amount of cash that commercial banks are required to keep with themselves.
CRR controls liquidity in economy SLR regulates credit growth in the country
It is with RBI maintained as cash Banks maintain the SLR with themselves

  • -1
What are you looking for?