RBI bi-monthly monetary policy: What does the 25 basis point SLR cut mean?
Updated : December 06, 2018 01:38 PM IST
SLR is the reserve requirement that the commercial banks in India are required to maintain in the form of cash, gold reserves, government-approved securities before providing credit to the customers.
The SLR is being cut in order to align it with the Liquidity Coverage Ratio (LCR) requirement.
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