RBI hikes threshold for deposits made by non-financial small businesses by 50% to Rs 7.5 cr for maintenance of LCR

Circular no. RBI/2021-22/151 DOR.No.PRD.LRG.79/21.04.098/2021-22, Dated: 06.01.2022 With an objective to align guidelines with the Basel Committee on Banking Supervision (BCBS) standard, the RBI has decided to increase the threshold limit…

Continue ReadingRBI hikes threshold for deposits made by non-financial small businesses by 50% to Rs 7.5 cr for maintenance of LCR