The RBI has decided to permit banks to reckon Government securities as Level 1 High-Quality Liquid Assets (HQLA) under Facility to Avail Liquidity for Liquidity Coverage Ratio (FALLCR) within the mandatory SLR requirement up to 16% of their Net Demand and Time Liabilities (NDTL). Accordingly, the total HQLA carve out from the mandatory SLR will be 18% of NDTL. Circular is applicable to all Commercial Banks other than Regional Rural Banks, Local Area Banks and Payments Banks.The RBI has decided to permit banks to reckon Government securities as Level 1 High-Quality Liquid Assets (HQLA) under Facility to Avail Liquidity for Liquidity Coverage Ratio (FALLCR) within the mandatory SLR requirement up to 16% of their Net Demand and Time Liabilities (NDTL). Accordingly, the total HQLA carve out from the mandatory SLR will be 18% of NDTL. Circular is applicable to all Commercial Banks other than Regional Rural Banks, Local Area Banks and Payments Banks.taxmann.com Latest Statutory HappeningsRead More
RBI amends Basel III Framework on Liquidity Standards “Liquidity Coverage Ratio” (LCR)
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- Post published:April 18, 2022
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