Definition of ironclad. 1  1 : sheathed in iron armor âused especially of naval vessels. 2  2 : so firm or secure as to be unbreakable: such asa : binding an ironclad oathb : having no obvious weakness an ironclad case against the defendant.
Best Answer: CR means a credit. If this appears on the balance due line of your statement, it means that you owe nothing and that you are that much ahead of future charges and no payment or acknowledgment is needed.
SLR or statutory liquidity ratio is the minimum percentage of deposits that a bank has to maintain in form of gold, cash or other approved securities.It is the ratio of liquid assets (cash and approved securities) to the demand and term liabilities / deposits.RBI is empowered to increase this ratio up to 40%.hat are CRR and SLR with respect to banks? CRR or cash reserve ratio is the minimum proportion / percentage of a bank's deposits to be held in the form of cash.