RBI has asked banks to assign an additional run-off rate of 2.5% to internet and mobile banking (IMB)-enabled retail and small business customer (SBC) deposits to compute their LCR. This means ...

What RBI Announced Late on Monday, the central bank finalised its LCR framework, softening its stance from the draft proposal. It reduced the additional run-off rate for internet and mobile ...

The RBI issued a final circular on Monday titled “Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR) – Review of Haircuts on High Quality Liquid Assets (HQLA ...