Reddy on high level of SLR for Indian banks

http://www.financialexpress.com/industry/banking-finance/compulsion-of-30-deposits-in-government-securities-a-burden-on-banking-sector-says-former-rbi-governor-yv-reddy/947622/
By one 'masterstroke', Reddy is trying to weaken banks and asks GOI and state governments to reduce dependence on captive sources for funding public debt.
M G Warrier

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