{"id":2523,"date":"2022-04-12T12:58:04","date_gmt":"2022-04-12T12:58:04","guid":{"rendered":"https:\/\/rvkassociates.com\/blog\/?p=2523"},"modified":"2022-04-12T12:58:21","modified_gmt":"2022-04-12T12:58:21","slug":"section-24-and-section-56-of-the-banking-regulation-act-1949-maintenance-of-statutory-liquidity-ratio-slr","status":"publish","type":"post","link":"https:\/\/rvks.in\/blogs\/section-24-and-section-56-of-the-banking-regulation-act-1949-maintenance-of-statutory-liquidity-ratio-slr\/","title":{"rendered":"Section 24 and Section 56 of the Banking Regulation Act, 1949 \u2013 Maintenance of Statutory Liquidity Ratio (SLR)"},"content":{"rendered":"\n

April 08, 2022<\/p>\n\n\n\n

All Scheduled Commercial Banks (including Regional Rural Banks)
Local Area Banks, Small Finance Banks, Payments Banks
Primary (Urban) Co-operative Banks (UCBs)
State and Central Co-operative Banks (StCBs \/ CCBs)<\/p>\n\n\n\n

Madam\/Sir,<\/p>\n\n\n\n

Please refer to circular DBR.No.Ret.BC.10\/12.02.001\/2018-19 dated December 05, 2018 and relative notification on the captioned subject.<\/p>\n\n\n\n

  1. 2. As announced in the Statement on Developmental and Regulatory Policies on April 08, 2022, it has been decided to institute the Standing Deposit Facility (SDF) with immediate effect. Accordingly, it is decided that the balances held by banks with the RBI under the SDF shall be an eligible Statutory Liquidity Ratio (SLR) asset and such balances shall form part of \u201cCash\u201d for SLR maintenance. Banks shall report the SDF balances under “Cash in hand” in Form VIII or Form I, as applicable.<\/li><\/ol>\n\n\n\n
    1. 3. The balances held by banks with RBI under the SDF shall not be eligible for Cash Reserve Ratio (CRR) maintenance.<\/li><\/ol>\n\n\n\n
      1. 4. A copy of the relative notification DOR.RET.REC.16\/12.01.001\/2022-23 dated April 08, 2022, is enclosed.<\/li><\/ol>\n\n\n\n

        Yours faithfully,<\/p>\n\n\n\n


        (Prakash Baliarsingh)
        Chief General Manager<\/p>\n\n\n\n

        To Read More….
        Click the link below….<\/strong><\/p>\n\n\n\n

        Notification :<\/strong> https:\/\/www.dropbox.com\/s\/bpug5patnwxhnaq\/Section%2024%20and%20Section%2056%20of%20the%20Banking%20Regulation%20Act%2C%201949.PDF?dl=0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

        April 08, 2022 All Scheduled Commercial Banks (including Regional Rural Banks)Local Area Banks, Small Finance Banks, Payments BanksPrimary (Urban) Co-operative Banks (UCBs)State and Central Co-operative Banks (StCBs \/ CCBs) Madam\/Sir, Please refer to circular DBR.No.Ret.BC.10\/12.02.001\/2018-19 dated December 05, 2018 and relative notification on the captioned subject. 2. As announced in the Statement on Developmental and […]<\/p>\n","protected":false},"author":1,"featured_media":1767,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,14],"tags":[34],"class_list":["post-2523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-notifications","category-rbi","tag-rbi"],"_links":{"self":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/2523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/comments?post=2523"}],"version-history":[{"count":1,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/2523\/revisions"}],"predecessor-version":[{"id":2524,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/2523\/revisions\/2524"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media\/1767"}],"wp:attachment":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media?parent=2523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/categories?post=2523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/tags?post=2523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}