New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    RBI has decided to increase the threshold limit for

    deposits and other extensions of funds made by non-financial Small Business Customers for the purpose of maintenance of Liquidity Coverage Ratio (LCR) under BASEL III framework. This provision is applicable to:
    A Commercial Banks Correct Answer Incorrect Answer
    B Payment Banks Correct Answer Incorrect Answer
    C Small Finance Banks Correct Answer Incorrect Answer
    D Local area Banks Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    RBI has decided 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 crores for the purpose of maintaining of Liquidity Coverage Ratio (LCR) . This is applicable to all Commercial Banks other than Regional Rural Banks, Local Area Banks, and Payments banks .

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