Free reserves

Free reserves

Free Reserves

Bank reserves over and above a bank's reserve requirements, less the amount it has borrowed from the Federal Reserve. That is, free reserves are extra cash a bank keeps in liquid assets (that is, what it does not loan out) beyond its legal requirement, minus what it must repay.
References in periodicals archive ?
Calabria continues to target free reserves at about 1% of the budget, or 5% by Fitch's calculation, which excludes the "residui perenti", commitment, as this could be debt-funded in future from the fund balance.
The country's reserves continue to slide and as per the latest State Bank figures, free reserves stand at $ 12.
99% of the aggregate of the Companys paid-up Equity Share capital and free reserves based on the standalone audited financial statements of the Company as at March 31, 2017, which is in compliance with the maximum permissible limit of 10% of the paid-up equity share capital and free reserves in accordance with Section 68(2) of the Companies Act, 2013.
51% of the total paid-up capital and free reserves, aggregating up to 113mn A shares or 4.
CPSEs were, therefore, asked to raise more debt and not to rely entirely on cash and free reserves for finding new investments and capital expenditure.
62 per cent of the aggregate of the fully paid- up equity share capital and free reserves as per the standalone and consolidated audited accounts of the company for the financial year ended March 31, 2016.
DIRECTORS at Newcastlebased North P&I Group - one of the world's biggest shipping insurance mutuals - have toasted a strong year after seeing free reserves soar to PS330m.
Data analysed for BSE-listed companies suggest that 387 were consistent in increasing their free reserves over five years.
Market analysts were expecting that the government would introduce certain measures that will increase activities in the market, particularly levying additional taxes on free reserves of a company's paid up capital.
The firm's free reserves topped $338m (PS216m), 8% u[.
Also, if approved the company will purchase stock through financial intermediaries in one or more transactions on the open market or otherwise, subject to it having sufficient available free reserves in the share premium account.
Net worth means the paid-up capital and free reserves.