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The management of Chase Bank reviewed that it is currently holding $90 million in salary account, $50 million in call money, $150 in savings deposit,
The management of Chase Bank reviewed that it is currently holding $90 million in salary account, $50 million in call money, $150 in savings deposit, $350 million in provident fund, and $650 million in a government time deposit. The bank's hot money deposit policy comes with 90% liquid reserve, vulnerable deposit with 30% liquid reserve, and stable funds with 10% liquid reserve. The legal reserve for the bank is 5% of all deposits. What is the banks liability liquidity reserve?
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