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  #71  
Old Thursday, May 26, 2011
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Quote:
Originally Posted by crystal View Post
@ renny
plz correct dat "SLR is ratio of liquid assets that banks are required to hold by themselves or with central bank"
banks dnt keep liquid assets meant fr SLR at cental bank... instead they r required to keep them wid themselves as correctly mentiond by sami691 dat "It is the amount of liquid assets, such as cash, precious metals or other approved securities, that a financial institution must maintain as reserves other than the Cash with the Central Bank."
da general practice fr banks is to keep govt. securities to fulfill SLR since they r risk free assets.... SLR is also cald Statutory liquidity requirement while some may refer to it as statutory liquidity ratio
Cash with central bank here means MCR, which is a regulatory obligation.

SLR is also regulatory , but banks hav option to either hold by themselves or keep with central bank. it can be in form of cash or liquid securities.
Very similar to CRR but CRR can only hold pure cash.

Quote:
Originally Posted by crystal View Post
@ sami691
yup dats wat i knew n told them while they were listening to me intently
bt da thng is actual figures dnt come to our mind so quickly
same with me.

they asked me microsoft recent activity. I knew and told about skype acquisition. but couldnt tell the bid amount.

Last edited by marwatone; Thursday, May 26, 2011 at 02:40 PM. Reason: Posts merged.
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  #72  
Old Thursday, May 26, 2011
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yeah bt v were told da concept of SLR as told by sami691.... anyway thnx:-)
btw i dnt understand why do they ask solid figures
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  #73  
Old Thursday, May 26, 2011
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sami... is true and its never mentioned in his explanation that bank has to keep it to themselves and not with the central bank.
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  #74  
Old Thursday, May 26, 2011
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cn somebody tell hw many seats r allocatd fr karachi? it ws mentiond in a post dat there r 0nly 30-35 seats overall fr all cities
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