alleryStart learning →What happened to the SLR floor after the 2017 amendment?
AThe 20.75% floor was removed
BThe floor was raised to 25%
CThe floor was fixed at 40%
DThe floor became a CRR link
Answer & Solution
Correct answer: A. The 20.75% floor was removed
The amendment of the Banking Regulation Act in January 2017 removed the earlier 20.75 percent floor on SLR.
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