The
Presidents/Chief Executives
All Banks/DFIs
Maintenance
of Statutory Liquidity Requirements (SLR)
Please
refer to DMMD Circular 21 of 2011 on the captioned subject.
It
has been decided that, for the purpose of maintaining SLR
during the fortnight starting from Friday and ending on
Thursday of subsequent week, Time and Demand Liabilities
(TDL) as of close of business on Friday (first day of the
fortnight) will be taken into account for determination
of required SLR. If Friday is a holiday then TDL as of close
of business on preceding working day will be taken into
account.
The
above instructions will be effective from October 12, 2012.
The TDL to be used for SLR maintenance during fortnight
starting from October 12, 2012 and ending on October 25,
2012 would be as of October 12, 2012. All other instructions
on the subject shall, however, remain unchanged.