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The SLR was prescribed by Section 24 (2A) of Banking Regulation Act, 1949.It represents a portion of the Net Time and Demand Liabilities (NTDL) of commercial banks that they must keep in the form of approved assets like gold, cash, government securities, or other RBI-sanctioned securities.To control the inflation, i.e., by increasing the SLR percentage, the inflation in the country can be brought under control.
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1. Printe...
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