statutory liquidity ratio
Banks need Rs 20 lakh crore fresh deposits to meet credit demand
Currently, the average annual deposit mobilisation is around Rs 7 lakh crore over the past few years.
20 PSU banks to get Rs 88,139 crores in fresh funding
Arun Jaitley said steps need to be taken to ensure that the governance of banks follows the highest standards.
RBI slashes SLR by 50 bps, India's bonds plummet
The RBI said it would reduce banks’ statutory liquidity ratio by 50 bps to 19.5 percent from the fortnight starting October 14.
RBI keeps key rate unchanged; cuts SLR, lowers GDP projection
RBI cut the economic growth projection to 7.3 per cent for the current fiscal from 7.4 per cent earlier.
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