RBI permits banks to bring SLR securities under HTM category by 1.25 percent
Q. RBI has permitted banks to bring down SLR securities under HTM category by 1.25 percent to what percent in January 2017?- Published on 14 Dec 15a. 18.50 percent
b. 20.50 percent
c. 30.50 percent
d. 35.50 percent
ANSWER: 20.50 percent
RBI permitted banks to bring down statutory liquidity ratio securities under held to maturity category by 1.25 percent to 20.50% by January 2017. This move will unlock funds for lending purposes. SLR was reduced to 21.50 percent from 22 percent w.e.f the fortnight commencing January 9, 2016.
