Banks reduce government debt holdings to boost credit growth
after close1 source ↓written by the desknot a recommendation
- on 17 October
- 26.5%
- the previous day
- 27.3%
Banks in India are liquidating government securities to enhance credit growth as deposit growth slows. The statutory liquidity ratio (SLR) fell to 26.5% on 17 October, down from 27.3% the previous day. This shift may impact liquidity in the banking sector and influence interest rates for borrowers.
Not investment advice. For informational purposes only.