harshad mehta
Post on 12-Jul-2015
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Man who haunted indian stock market
he banks in India have to maintain a particular amount of their deposits in government
bonds. This ratio is called SLR (Statutory Liquidity Ratio).
In the early 1990s, ach bank had to submit a detailed sheet of its balance at the end of the
day and also show that there was a sufficient amount invested in government bonds.
MON TUE WED
Money for B;
promises to
pay to B on
tue
Money
for D Money
from C
Money
from E
Money
for F
Retains money of A for whole week as working capital
Whatever one’s perception is….
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