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Expecting More SLR Cuts: Union Bank

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  • Published On: August 05, 2014
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RK Sethi, ED at Union Bank of India, said he expects the RBI to further ease statutory liquidity ratio (SLR) requirements, with the government on a fiscal consolidation path and growth picking up. SLR cut will increase fund availability with banks and help in extending more credit when demand picks up, he added.
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