Chronology of Bankrate, CRR and SLR Changes

• DL : Demand Liabilities
• TL : Time Liabilities
• Date in brackets refer to announcement dates.
• *: The data for CRR are as percentage of domestic Net Demand and time liabilities ( NDTL ) which pertain only to domestic deposits.
• @ : Accompanied with additional reserve requirements of CRR on incremental NDTL.
• **: Till March 29, 1985 the banks were required to maintain statutory liquidity ratio as a prescribed proportion of gross DTL as on every Friday in the following week on daily basis. Thereafter, it is maintained daily on a fortnightly basis as a prescribed portion of net DTL as on last Friday of second preceding fortnight. The data pertains only to domestic deposits.
• + : SLR on net DTL as on April 3, 1992.
• # : In addition there was 30% SLR on the increase in net DTL over April 3, 1992 level.
• ^ : SLR on net DTL as on September 17, 1993.
• $ : In addition there was 25% SLR on the increase in net DTL over September 17, 1993 level.
• ! : SLR on net DTL as on September 30,1994.
• & : In addition there was 25% SLR on the increase in net DTL over September 30, 1994 level.
• @@ : In order to improve the cash management by the banks, effective from the fortnight CRR will be maintained by every Scheduled Commercial Bank based on its NDTL as on the last Friday of the second preceding fortnight. Further to facilitate banks to tide over the contingency during the millennium change, it has been decide to treat cash in hand maintained by banks for compliance of CRR for a limited period of two months commencing from December 1,1999 to January 31, 2000. The cash in hand which will be counted for CRR purpose, during the above period cannot be treated as eligible asset for SLR purpose simultaneously.