Aligning LCR norms for small biz accounts with Basel standards, RBI hikes funds cap by 50 pc

Issuing the revised Basel III framework on liquidity standards -- liquidity coverage ratio (LCR), liquidity risk monitoring tools and LCR disclosure standards and net stable funding ratio -- for small business customers, the monetary authority said these revisions are aimed at helping banks manage their liquidity risks more effectively by aligning them with the norms as set out by the Basel Committee on Banking Supervision (BCBS).

from Banking/Finance-Industry-Economic Times https://ift.tt/3eVmAqi