RBI refuses exceptions on CRR, SLR; gives some leeway on PSL, investments for merger: HDFC Bank

The country's largest private lender HDFC Bank on Thursday said the Reserve Bank has refused to make any exceptions on cash reserve ratio (CRR) and statutory liquidity ratio (SLR) requirements as sought by it ahead of the merger of mortgage financier parent HDFC with itself. https://ift.tt/JiIYAq5