ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!
  • google app store apple app store
    • тЬЦ

      Question

      The Reserve Bank of India has increased the threshold

      limit for Banks to maintain Liquidity Coverage Ratio (LCR) on deposits and other extension of funds received from non-financial small business customers from тВ╣5 crore to тВ╣_____ crore.
      A 6.75 Correct Answer Incorrect Answer
      B 7.5 Correct Answer Incorrect Answer
      C 8.5 Correct Answer Incorrect Answer
      D 9.25 Correct Answer Incorrect Answer
      E 10 Correct Answer Incorrect Answer

      Solution

      The Reserve Bank of India has increased the threshold limit for Banks to maintain Liquidity Coverage Ratio (LCR) on deposits and other extension of funds received from non-financial small business customers from тВ╣5 crore to тВ╣7.5 crore. So, henceforth, all commercial banks (other than regional rural banks, local area banks and payments banks) will be required to maintain LCR if they receive deposits of тВ╣ 7.5 crore and above from non-financial small business customers against тВ╣5 crore earlier.

      Practice Next
      More Beepedia Questions

      Relevant for Exams:

      ask-question