[ad_1] Mumbai: In a huge relief to the banking system, the Reserve Bank of India has allowed banks to set aside a lower stock of liquid assets against deposits raised through digital channels, in the event of a potential run on banks. In the final guidelines on liquidity coverage ratio (LCR) released on Monday, RBI…
[ad_1] Now the biggest culprit behind Bank Nifty’s underperformance has been its largest constituent by weightage—HDFC Bank. But even beyond this behemoth, Indian banks are currently grappling with some considerable systemic challenges, all of which were evident in their recent results. Dial D for Deposits When the country’s largest private sector bank as well as…
[ad_1] Mumbai: ICICI Bank expects a compression of 10-14 percentage point in its liquidity coverage ratio (LCR) from the Reserve Bank of India’s recent guidelines, senior officials of the private lender said in a call with analysts after the June-quarter earnings on Saturday. Last week, the RBI came out with draft guidelines asking banks to…
