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On 8th December 2022, the Reserve Bank of India (RBI) issued a Notification in regard to the Review of Statutory Liquidity Ratio (SLR) Holdings in Held to Maturity (HTM) Category. This particular Notification was issued in reference to paragraph 1 of the “Statement on Development and Regulatory Policies of the Monetary Policy Statement, 2022-23” issued on 7th December 2022 and Section 6 (iv) (a) of “Master Direction – Classification, Valuation and Operation of Investment Portfolio of Commercial Banks (Directions), 2021” issued on 25th August 2021.
Currently, banks have been granted with a special dispensation in regard to the enhanced Held to Maturity (HTM) Limit of 23% of the Net Demand and Time Liabilities (NDTL) for the Statutory Liquidity Ratio (SLR) eligible securities that were acquired between 1st September 2020 and 31st March 2023.
RBI Notifies for Review of SLR Holdings in HTM Category
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