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    Question

    As per RBI’s revised LCR norms, what is the new

    additional run-off factor for digital deposits enabled via IMB?
    A 2% Correct Answer Incorrect Answer
    B 3% Correct Answer Incorrect Answer
    C 2.5% Correct Answer Incorrect Answer
    D 5% Correct Answer Incorrect Answer
    E 10% Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India mandated a 2.5% additional run-off factor for digital retail deposits made through Internet and Mobile Banking (IMB). Earlier, a 5% additional run-off was proposed, but the revised norm eases that burden.

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