When the Reserve Bank of India reduces the Statutory Liquidity Ratio by 50 basis points, which of the following is likely to happen? [IAS Prelims 2015]

• A. India?s GDP growth rate increases drastically
• B. Foreign Institutional Investors may bring more capital into our country
• C. Scheduled Commercial Banks may cut their lending rates
• D. It may drastically reduce the liquidity to the banking system