» RBI cuts SLR News

RBI cuts SLR

Good news for banks from RBI; This is how it helps your loan EMIs

Good news for banks from RBI; This is how it helps your loan EMIs

Thu, Sep 27, 2018

The carve-out from SLR, under FALLCR will now be 13%, taking the total carve out from SLR available to banks to 15% of their NDTL.   

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RBI reduces Statutory Liquidity Ratio to 19.50%; Home loans get another booster

RBI reduces Statutory Liquidity Ratio to 19.50%; Home loans get another booster

Wed, Oct 04, 2017

From June - till date, RBI has reduced the Statutory Liquidity Ratio by 100 basis points. SLR which stood at 20.5% before June will now reach to 19.50% from next week. 

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