BSc magazine December

RBI eases SLR is on page 13 of BSC

BSc magazine December The Reserve Bank of India on 27 Sep allowed banks to dip further into statutory liquidity ratio (SLR) reserves in a bid to provide more liquidity in the financial markets hit by the IL&FS group defaults. BSc magazine December  The RBI said banks can 'carve out' up to 15 per cent of holdings under the SI,R reserves to meet their liquidity coverage ratio (LCR) requirements as compared to 13 per cent_.now. BSc magazine December They can avail of higher liquidity with effect from Oct 1 as it has enhanced the "Facility to Avail Liquidity for Liquidity Coverage Ratio (FALLCR)" from the existing 11 per cent to 13 per cent of their deposits. BSc magazine December  This move will take the total carve-out from SI,R available to banks to 15 per cent of their deposits. Banks ' SLR, which is the percentage of deposits that they have to mandatorily invest in govt and state govt securities, is currently at 19.5 per cent BScmagazine December