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RBI further extends relaxation on limit of Maintenance of Statutory Liquidity Ratio till Sept 30, 2020

July 2, 2020
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The borrowing limit of scheduled banks under the MSF scheme, by dipping into the prescribed SLR, was increased from 2 per cent to 3 per cent of their Net Demand and Time Liabilities (NDTL) outstanding at the end of the second preceding fortnight with immediate effect. This relaxation was available up to June 30, 2020. On a review, it has now been decided to extend this enhanced limit till September 30, 2020.
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