When the Reserve Bank of India reduces the Statutory Liquidity by 50 basis points which of the follo...........

Economic Affairs Others

When the Reserve Bank of India reduces the Statutory Liquidity 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

Scheduled Commercial Banks may cut their lending rates

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