28.04.2011 - Pakistan Islamic banks : State Bank increases liquidity requirement
The State Bank of Pakistan (SBP) has increased the Statutory Liquidity Requirement (SLR) for Islamic banks and Islamic banking branches by five per cent with effect from June 3, a central bank announcement said on Wednesday. At present, SLR for Islamic banks and Islamic banking branches is 14 per cent (excluding cash reserve requirement) of total demand liabilities including time deposits with period of less than one year..............................................Full Article: Source
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