TThe Presidents/Chief Executives All Micro Finance Banks
Dear Sirs/Madam,
Statutory Liquidity Requirement (SLR)
In exercise of powers conferred upon State Bank of Pakistan under Section 18(1) of the Micro Finance Institution Ordinance 2001, it has been decided that following liabilities will be exempted from maintenance of Statutory Liquidity Requirement. a) Borrowings from SBP (if any) b) Call Borrowings and other Inter-bank borrowings from Scheduled Banks (including Micro Finance Banks).
In exercise of powers conferred upon State Bank of Pakistan under Section 18(1) of the Micro Finance Institution Ordinance 2001, it has been decided that following liabilities will be exempted from maintenance of Statutory Liquidity Requirement.
a) Borrowings from SBP (if any) b) Call Borrowings and other Inter-bank borrowings from Scheduled Banks (including Micro Finance Banks).
Yours faithfully, (Lubna Farooq Malik) Director