Development · 11 Oct 2026
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Former NITI Aayog Chief Executive Amitabh Kant said that the statutory liquidity ratio at 18 percent is too high for India and that reducing it can lower the cost of credit and boost manufacturing.
Former NITI Aayog CEO Amitabh Kant has called for reducing the statutory liquidity ratio (SLR) to lower credit costs and improve funding access for manufacturers.
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