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.
Rama sub is a gud answer for CRR... SLR is statutory liquid ratio, this is the % of deposits that need to be maintained as liquid thru' investing in RBI bonds. SLR includes CRR, for example CRR is 7% and SLR is 10%, the 3% should be can non-cash investments.his ratio (what part of the total deposits is to be held as cash) is stipulated by the RBI and is known as the CRR, the cash reserve ratio. When a bankâs deposits increase by Rs100, and if the cash reserve ratio is 10, banks will hold Rs10 with the RBI and lend Rs 90.