State Act
17-B
Section 17-B. Maintenance of State Statutory Liquidity Reserve.
THE KARNATAKA SOUHARDA SAHAKARI ACT, 1997
Act no. 17 of 20001997In forceKarnataka (State Act)
1[17-B. Maintenance of State Statutory Liquidity Reserve.- Every souharda cooperative shall mandatorily maintain 20% of the total deposits held by it at the end of each co-operative year maintained as State Statutory Liquidity reserve as per section 18, except Souharda Cooperative Banks.]1