Mandatory SLR requirement for banks reduced effective from 14.10.2017


In the 4th bimonthly policy statement 2017-18 RBI has announced that the SLR requirement of banks have been reduced to 19.5% from existing 20 % with effect from October 14, 2017.

As per present rule, banks are permitted to exceed the limit of 25% in total investments under HTM category subject to excess investments comprise of SLR securities and total SLR securities held under HTM category are not more than 20.5% of NDTL. In order to align the SLR holdings under HTM category with mandatory SLR, the Apex bank has reduced the HTM category ceiling from 20.5% to 19.5% in a phased manner, i.e. 20 per cent by December 31, 2017 and 19.5 per cent by March 31, 2018.

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