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    <title>Finance Ministry States that by Reducing SLR by 50 Basis Points in its Bi-Monthly Credit Policy Announced Today, RBI has Given Banks Greater Leeway to Lend</title>
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    <description>Reduction of the Statutory Liquidity Ratio by fifty basis points increases banks&#039; leeway to lend by lowering mandatory holdings of safe government assets while the policy rate was left unchanged; the Ministry links the move to moderating inflation, a need to revive credit as demand grows, and advises that future policy rate decisions should balance liquidity, inflation, and growth considerations.</description>
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