The Reserve Bank of India (RBI) has elevated the threshold restrict for deposits and different extensions of funds made by non-financial small enterprise customers from Rs 5 crore to Rs 7.5 crore for the upkeep of Liquidity Coverage Ratio of banks.
This, the RBI mentioned, has been achieved to raised align tips with the Basel Committee on Banking Supervision customary and enabling banks to handle liquidity danger extra successfully.
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First Published: Fri, January 07 2022. 01:33 IST
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