When the Reserve Rank of India reduces  the Statutory Liquidity Ratio by 50 basis points, which of the following is likely to happen?

  • India’s GDP growth rate increases drastically
  • Foreign Institutional Investors may bring more capital into our country
  • Scheduled Commercial Banks may cut their lending rates
  • It may drastically reduce the liquidity to the banking system
When the Reserve Rank of India reduces  the Statutory Liquidity Ratio by 50 basis points, which
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