Liquidity Coverage Ratio News
According to a Morgan Stanley report, the RBI is expected to proactively manage liquidity and take up some additional measures (OMO purchases/FX swaps) as liquidity deficit rises towards end-March.
Banks had asked for deferment of the norms and alternative mechanisms to cope with the likely hit that their operations would take.
The Reserve Bank has revised certain rules on measuring liquidity for Basel III norms, providing exemption to branches of foreign banks from submitting statement with regard to foreign currency.
A Basel committee has assessed Indian banks` liquidity coverage ratio requirements as `largely compliant` with the minimum prescribed standards, the Reserve Bank of India said in a circular on Tuesday.
The Reserve Bank decision to reduce the statutory liquidity ratio (SLR) is credit positive for banks as it would help them manage liquidity and increase profitability, Moody's Investors Service said today.
Unbreakable high value fixed deposits will soon earn higher rate of interest with the Reserve Bank of India allowing banks to offer differential rates.
A recent revision in liquidity guidelines under the Basel-III framework by RBI will help lenders meet the 60 percent liquidity coverage ratio (LCR) threshold set for January 2015, ratings agency Crisil said Monday.
The RBI said the liquidity coverage ratio (LCR) will be introduced in a phased manner with a requirement of 60 percent from January 2015.
The Reserve Bank on Monday said the Basel III liquidity coverage ratio (LCR) will be introduced in a phased manner with a requirement of 60 percent from January 2015.
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