The SLR rate is used as a tool for monetary policy. By increasing the SLR rate, the RBI can reduce the amount of money that banks have available to lend. This can help to control inflation. Conversely, by decreasing the SLR rate, the RBI can increase the amount of money that banks have available to lend. This can help to stimulate economic growth. Visit: https://www.bajajhousingfinance.in/statutory-liquidity-ratio