Wednesday, September 11, 2024

BANKING

The Reserve Bank of India plans to maintain a 5% run-off factor on digitally linked deposits, despite industry requests for a lower buffer. This move aims to manage risks from quick withdrawals via internet or mobile banking, potentially impacting banks' liquidity and increasing demand for government bonds.

from Banking/Finance-Industry-Economic Times https://ift.tt/tCQd0Sm
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