Question: slr is maintained as a percentage of?
Answer: SLR is expressed as a percentage of Net Demand and Time Liabilities (NDTL) of banks. Put simply, SLR is expressed as a percentage of deposits. As on December 29, 2015, the SLR is 21.5% for commercial banks. RBI has brought a time table to reduce it to 20.5% by January 2017.