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Reserve Bank of India

RBI, Reserve Bank of India, PCA, United Bank of India , SMEStreet Finance

RBI Eases Cash Reserve Rules to Simplify Bank Liquidity

The RBI in a statement said banks could ‘carve out’ up to 15 per cent of holdings under the statutory liquidity reserves to meet their liquidity coverage ratio (LCR) requirements as compared to 13 per cent now.

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