Question
Maximum limit of SLR is
Solution
The liabilities that the banks are liable to pay within one month's time, due to completion of maturity period, are also considered as time liabilities. The maximum limit of SLR is 40% and minimum limit of SLR is 0 In India, Reserve Bank of India always determines the percentage of SLR.
Before the Payment and settlement Act of 2007, all payments were regulated by the Finance Ministry directly
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The Full form of SCO is
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