Liquidity norms: Chase begins for deposits

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Private banks in Mumbai faced new liquidity coverage norms from RBI, requiring stable funds like fixed deposits and increased investment in govt securities. The norms pressured interest margins and saw a significant drop in liquidity coverage ratios (LCR) for both private and public sector banks, impacting digital banking accounts and collateral valuation.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/SVxitW8

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