Friday, August 11, 2023

BANKING

It can be noted that the bank has not been fully successful in getting all the forbearance it had sought from the Reserve Bank of India (RBI) on the liabilities front. The RBI refused to provide any exemptions on Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) requirements on the deposits that come from HDFC, which was a deposit-taking entity.

from Banking/Finance-Industry-Economic Times https://ift.tt/zWoQYna
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