RBI's new liquidity coverage guidelines are big boost to banks
RBI said that banks need to assign a run-off factor of only 7.5% on these retail deposits instead of the 10% proposed in the draft guidelines.
source https://www.livemint.com/industry/rbi-liquidity-coverage-guidelines-liquid-assets-retail-deposits-banks-lcr-11745248067021.html
source https://www.livemint.com/industry/rbi-liquidity-coverage-guidelines-liquid-assets-retail-deposits-banks-lcr-11745248067021.html
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