RBI Brings Out Final Norms on Basel III Investment

RBI Brings Out Final Norms on Basel III Investment

The Reserve Bank of India on Thursday announced final guidelines on net stable funding ratio (NSFR) according to the Basel III framework. Basel III has two liquidity frameworks one called liquidity coverage ratio (LCR) dealing with short term liquid investments by banks and another called NSFR which promotes resilience over a longer-term time horizon by requiring banks to fund their activities with more stable sources of funding on an ongoing basis. In a notification RBI said that banks must publish their NSFRs according to a common template, according to their financial results. — Our Bureau

The Economic Times,New Delhi,18th May 2018

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RBI deputy governor cautions fintech platform lenders on privacy concerns during loan recovery

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India can't rely on wealthy to drive growth: Ex-RBI Dy Guv Viral Acharya

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