Banks can tag more of small biz deposits as stable - Shahpur Turk CSC - Common Service Centre in Sonipat Banks can tag more of small biz deposits as stable

Shahpur Turk CSC - Common Service Centre in Sonipat, Haryana, India provides following Services through its Common Service Centre:- Banking, Insurance Motor, Insurance Health, Insurance Life, Insurance cattle, Insurance property, Insurance Fire, Insurance personal accident, PAN Card, Passport Assistance Services, Premium Collection Services of Insurance Companies, Birth Death Certificates, Pension Services, Aadhar, voter card, ration card, IRCTC train / air / bus ticket booking, hotel booking.

07 January 2022

Banks can tag more of small biz deposits as stable

In a move that will make it easier for smaller banks to comply with Reserve Bank of India’s (RBI’s) prudential norms, the central bank has allowed lenders to recognise deposits of up to Rs 7.5 crore by small businesses for purpose of maintaining liquidity coverage ratio (LCR). The earlier threshold for a deposit being part of the LCR was Rs 5 crore.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News Banks can tag more of small biz deposits as stable
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07 January 2022

Banks can tag more of small biz deposits as stable

Banks can tag more of small biz deposits as stable

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