Wednesday, September 2, 2020

RBI allows Banks to acquire and hold SLR securities issued on or after Sep 1 [Read Circular]

The Reserve Bank of India (RBI) has permitted banks to acquire and hold Statutory Liquidity Ratio (SLR) securities issued on or after September 1, 2020, in the Held To Mature (HTM) category, subject to an overall limit of 22 percent of NDTL, up to March 31, 2021, which shall be reviewed thereafter. SLR is holding […]

from Taxscan | Simplifying Tax Laws https://ift.tt/34X3bBx

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