CRR and SLR
Wednesday, July 22, 2009
CRR is Cash Reserve Requirement - need to be placed with SBP @ 5% of Demand & Time Liabilities (for both PKR and FCY).
SLR is Statutory Liquidity Reserve - required to be invested into SBP's prescribed securities (generally Govt. Securities) @19% of Demand & Time Liabilities. This is applicable for PKR only, as for FCY, is is 15% and is required to be placed with the SBP.
However, banks are not required to keep above 'PKR' related requirements against Demand & Time Liabilities with 'original maturity of 1 year and above.
SLR is Statutory Liquidity Reserve - required to be invested into SBP's prescribed securities (generally Govt. Securities) @19% of Demand & Time Liabilities. This is applicable for PKR only, as for FCY, is is 15% and is required to be placed with the SBP.
However, banks are not required to keep above 'PKR' related requirements against Demand & Time Liabilities with 'original maturity of 1 year and above.
posted @ 11:42 AM,
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