What Is The Purpose Of CRR And SLR?
What Is The Purpose Of CRR And SLR? Statutory Liquidity Ratio (SLR) Cash Reserve Ratio (CRR) SLR is used to control the bank’s leverage for credit expansion. It ensures the solvency of banks The Central Bank controls the liquidity in the Banking system through CRR What is the SLR and CRR? CRR or cash reserve