What Is Statutory Liquidity Ratio? Statutory Liquidity Ratio (SLR) is the least percentage of deposits that a commercial bank keeps with itself in the form of liquid cash, gold, or any other security. Actually, it is reserve cash that banks keep before providing credits to their customers. Just like CRR (Cash Reserve Ratio), SLR is … Read more
What is Cash Reserve Ratio (CRR)? The commercial banks keep hold of a specific least amount of the deposits as a reserve with the central bank. The percentage of the cash that is kept in reserves against the bank’s total deposit amount is called Cash Reserve Ratio (CRR). The cash reserve ratio is kept in … Read more
Difference between Bid Price and Ask/Offer Price One can see ever-changing ‘Bid’ and ‘Ask/Offer’ columns in details of any stock or derivative on their broker’s app or website. In this post, we will see what exactly these ‘Bid’ and ‘Ask/Offer’ prices are. Bid Price: Price presented by the Buyer of any stock or a derivative (options, … Read more