RBI Governor Shaktikanta Das announces Liquidity Coverage Ratio (LCR) framework review for banks.
RBI Governor Shaktikanta Das announced a review of the Liquidity Coverage Ratio (LCR) framework for banks, responding to recent experiences in other countries where digital channels allowed for faster withdrawals and transfers of funds. The revision aims to better manage liquidity risk by banks, as well as permit small finance banks to deal in permissible rupee interest derivatives.
April 05, 2024
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