RBI modifies Basel III Framework on Liquidity Standards

On January 06, 2022, the Reserve Bank of India has issued a circular to increase the threshold limit for deposits and other extensions of funds made by non-financial Small Business Customers from ₹ 5 crore to ₹ 7.5 crore for the purpose of maintenance of Liquidity Coverage Ratio (LCR).

 

This circular is applicable to all Commercial Banks other than Regional Rural Banks, Local Area Banks and Payments Banks.


*Tanvi Singh, Editorial Assistant has reported this brief.

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