<P> The quantum is specified as some percentage of the total demand and time liabilities (i.e. the liabilities of the bank which are payable on demand anytime, and those liabilities which are accruing in one months time due to maturity) of a bank . </P> <P> SLR rate = (liquid assets / (demand + time liabilities)) × 100% </P> <P> This percentage is fixed by the Reserve Bank of India . The maximum limit for the SLR was 40% in India . Following the amendment of the Banking regulation Act (1949) in January 2017, the floor rate of 20.75% for SLR was removed . Presently, the SLR is 19.5% . </P>

Maximum level up to which slr can be maintained
find me the text answering this question