RBI releases draft liquidity framework guidelines for ailing NBFCs2 min read . Updated: 24 May 2019, 09:23 PM IST
- NBFCs will have to maintain minimum high quality liquid assets of 100% of total net cash outflows over the following 30 calendar days
- The LCR is proposed for all deposit taking NBFCs, and non-deposit taking NBFCs with an asset size of 50 billion rupees ($720 million) and above
BENGALURU : The Reserve Bank of India (RBI) on Friday released the much-awaited draft guidelines on liquidity risk management framework for non-banking financial companies (NBFCs) and core investment companies (CICs).
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