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:Solution
RBI has decided to increase the threshold limit for deposits and other extensions of funds made by non-financial Small Business Customers from â‚ą 5 crore to â‚ą 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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