Q: Who owns Grindlays Bank in India ?
Ans: Standard Chartered Bank owns Grindlays bank in India.
Q: Difference between Cash Reserve Ratio and Statutory Liquidity Ratio?
Ans: Cash Reserve Ratio: Cash and equivalents No interest Low CRR @happy banks Statutory Liquidity ratio: Banks will keep the amount with itself but in the form of cash, gold or government securities. It is an interest income. RBI maintains the Liquidity of bank through SLR.
Comments
Post a Comment