Thursday, June 12, 2014

Higher excess SLR to help banks meet LCR norms

........"While the mandated is to keep SLR at 22.5%, most banks have been operating at a higher level of 28-29%. And these banks will stand to gain as they can either liquidate it or lend it to RBI on the repo window and meet the new liquidity requirements as and when the need arises." However, it is because of the low credit demand that banks have been parking additional money in SLR. But when........

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