RBI Policy

Jun 3rd 2014

RBI Policy –SLR cut could be a precursor to fiscal consolidation

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RBI cut SLR (Statutory Liquidity Ratio) of banks by 50bps from 23% of NDTL (Net Demand and Time Liabilities) to 22.5% of NDTL in its bi monthly policy on the 3rd of June 2014.

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Arjun Parthasarathy
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