is SLR and LRR one and the same thing..

if no what is the difference??

SLR or Statutory Liquidity Ratio is the amount that commercial banks are supposed to keep with the central bank in form of liquid assets.

LRR or Legal Reserve Ratio is the total amount of reserves in form of cash and liquidity assets that are supposed to be kept by commercial bank in Central Bank .Alternatively,LRR is the combination of SLR and CRR.

  • 0

SLR is the minimum cash reserve that every bank is required to maintain with itself whereas LRR is the combination of CRR n SLR.

  • -1
What are you looking for?