Latest News on Statutory Liquidity Ratio
Showing of 0 - 10 from 14 results
Statutory Liquidity Ratio - Total results - 14
Jan 24, 2018
Rs 80,000 cr PSB recapitalisation bonds won't impact fiscal deficit, says finance ministryThe finance ministry said on Wednesday that Rs 80,000 crore recapitalisation bonds, to be issued to public sector banks (PSBs) as part of Rs 2.11 lakh crore capital support over 2 years, will not have impact on fiscal deficit as they will be cash neutral
Oct 04, 2017
RBI cuts statutory liquidity ratio by 0.5%; frees Rs 57,000 cr for lendingAccording to bankers, cut in statutory liquidity ratio will not much of the difference as several banks are holding in excess of statutory requirement
Jul 31, 2017
RBI likely to cut rate on 2 Aug as inflation at record low, industrial activity stays weakThe retail inflation, which the RBI mainly factors in while deciding interest rate, has declined to historical low of 1.54 percent in June.
Dec 07, 2016
RBI monetary policy as it happened: Disappointed by status quo, says SBI chiefAhead of the Reserve Bank of India (RBI) bi-monthly monetary policy review, the Indian equities markets opened on flat note on Wednesday. Investors are cautious ahead of the key announcement, and expect the central bank to ease its key lending rates.
Oct 07, 2016
RBI issues operating guidelines for payment banks, small finance banksSmall Finance Banks will have to follow norms relating to minimum balance, inoperative accounts, nominations, and cheques/drafts.
Dec 10, 2015
RBI allows banks to bring down SLR to 20.5% by March 2017The gradual reduction in SLR reduces the risk of large government borrowings crowding out the private sector investments over the long term, analysts said.
Jun 08, 2015
Gold monetization scheme: Why offering higher rate of interest is critical for its successGoing by the draft, under the GMS, an individual or entity can walk into a test centre and gets the gold melted, purity assessed and converted into bars, against which the bank will issue a certificate to the holder.
Jun 03, 2015
PNB cuts fixed deposit rate by 0.25% on select maturitiesFollowing policy action, several banks, including market leader State Bank of India reduced its base rate or minimum lending rate to 9.70 percent from 9.85 percent effective 8 June.
May 19, 2015
Gold scheme: Banks may offer interest on deposits of above 30 gmsThe government is trying to convince households, who sometimes have little faith in financial institutions, to break the tradition and hand over gold passed down the generations.
Jun 04, 2014
Sensex up 67 points in early trade on funds buyingThe benchmark BSE Sensex gained over 67 points in early trade today on continued capital inflows by funds and retail investors, following the RBI's decision to cut the statutory liquidity ratio (SLR).