The Reserve Bank of India (RBI) has enhanced the threshold restrict for deposits and other extensions of funds produced by non-monetary compact organization buyers from Rs 5 crore to Rs 7.5 crore for the servicing of Liquidity Protection Ratio of banking institutions.
This, the RBI claimed, has been carried out to far better align pointers with the Basel Committee on Banking Supervision common and enabling banking institutions to handle liquidity hazard a lot more effectively.
Pricey Reader,
Enterprise Common has usually strived challenging to provide up-to-day information and facts and commentary on developments that are of curiosity to you and have broader political and economic implications for the state and the globe. Your encouragement and constant opinions on how to make improvements to our featuring have only produced our solve and commitment to these ideals more powerful. Even all through these tough periods arising out of Covid-19, we proceed to keep on being fully commited to retaining you educated and updated with credible news, authoritative views and incisive commentary on topical difficulties of relevance.
We, nonetheless, have a ask for.
As we battle the economic influence of the pandemic, we need to have your help even a lot more, so that we can proceed to supply you a lot more top quality content material. Our subscription product has seen an encouraging reaction from quite a few of you, who have subscribed to our on line content material. Additional subscription to our on line content material can only support us attain the targets of featuring you even far better and a lot more relevant content material. We believe that in cost-free, honest and credible journalism. Your help via a lot more subscriptions can support us practise the journalism to which we are fully commited.
Assistance top quality journalism and subscribe to Enterprise Common.
Digital Editor
To start with Released: Fri, January 07 2022. 01:33 IST
More Stories
Top 10 International Marketing Mistakes!
The SEO Advantages For All Businesses
How and Where to Sell Used Medical Equipment