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With the objective to better align the guidelines of RBI with the BCBS standard and enable banks to manage liquidity risk more effectively, 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 maintenance of Liquidity Coverage Ratio (LCR). This is applicable to all Commercial Banks other than Regional Rural Banks, Local Area Banks, and Payments banks. Small Business Customers: This category consists of deposits and other extensions of funds made by non-financial small business customers, that are managed as retail exposures and are generally considered as having similar liquidity risk characteristics to retail accounts provided total aggregated funding from any such Small Business Customer is up to ₹ 7.5 crore (on a consolidated basis where applicable).
The Political parties will now be able to file their financial accounts online to the Election Commission.These financial statements are required to be ...
SEBI has asked market infrastructure institutions (MIIs) to set up and operate a common ODR Portal. The portal will harness online conciliation and onli...
Recently Prime Minister Narendra Modi inaugurated Shri Satya Sai Sanjeevani Children’s Heart Hospital in the country?
Which oil - producing country recently announced its decision to leave the Organization of the Petroleum Exporting Countries ( OPEC ) ?
Armenia became which number member of the International Solar Alliance (ISA)?
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has inked a Memorandum of Understanding (MoU) with th...
Who recently won the ‘Leon Masters Chess Championship’ for the 10th time?
Who unveiled the groundbreaking book titled ‘Artificial Intelligence and National Security,’ at the Defence Literature Festival, “Kalam and Kavach...
Sathyamangalam Tiger Reserve (STR) in __________ has been given the TX2 award after its tiger numbers doubled to 80 since 2010.
Which of the following statements is/are correct?
Statement 1: TeleManas Stands For: Tele Mental Health Assistance and Networking Across State.