Please refer to BSD Circular No. 10 dated May 22, 2008
on the captioned subject.
2. In exercise of the powers conferred upon the State
Bank of Pakistan under Section 36 of the State Bank of
Pakistan Act, 1956, and Section 29 of the Banking Companies
Ordinance, 1962 it has been decided to revise the Cash
Reserve Requirement (CRR) as under:-
B-
Statutory Liquidity Requirement:
Remains
unchanged at 19% (excluding CRR) of Total Time and Demand
Liabilities.
3. All other instructions on the subject shall, however,
remain unchanged.
Please acknowledge receipt.