Answer: 18% of NDTL
Notes: The Reserve Bank of India set the Statutory Liquidity Ratio (SLR) at 18% of banks' Net Demand and Time Liabilities (NDTL) effective from October 12, 2019. Banks must maintain liquid assets such as cash, gold, or government-approved securities at this percentage. The SLR limit has been gradually reduced from prior higher limits over the last decade. NDTL is calculated as demand plus time liabilities.
