SLR increased - ఆర్బిఐ - Reserve Bank of India
SLR increased
RBI/2009-10/195 October 28, 2009 All Scheduled Commercial Banks Madam/Dear Sir, Section 24 of the Banking Regulation Act, 1949 4. Please acknowledge receipt. Yours faithfully, Ref. DBOD. No. Ret. BC. 50/ 12.02.001/2009-10 October 28, 2009 NOTIFICATION In exercise of the powers conferred by sub-section (2A) of Section 24 of Banking Regulation Act, 1949 (10 of 1949) as amended from time to time and, in partial modification of Notification DBOD. Ret. BC. 72/12.02.001/2008-09 dated November 03, 2008, the Reserve Bank of India hereby specifies that with effect from the fortnight beginning November 7, 2009, every scheduled commercial bank shall maintain in India assets as detailed in the Notification DBOD. No. Ret. BC. 40/12.02.001/ 2009-10 dated September 08, 2009, the value of which shall not at the close of business of any day be less than 25 per cent of the total net demand and time liabilities in India as on the last Friday of the second preceding fortnight. (Anand Sinha) |