Reserve Bank of India in its notification dated 17th March 2020 has reduced the liquidity coverage ratio (LCR) requirement for scheduled commercial banks to 80 percent from 100 percent with immediate effect which shall continue till 30th September 2020.
The LCR requirement will gradually be restored in two phases – 90% by 1st October 2020 and 100% by 1st April 2021. RBI stipulates banks to maintain LCR so that they can sell the assets in stressed times.
Click here to read the notification.
The ANI stakeholders are Points of Presence (Bank and Non-Bank), Central Record Keeping Agencies, Trustee Banks, Custodians, Aggregators, Annuity Service Providers, Pension Agents, Retirement Advisors,
e-NAM is a demand-driven scheme. The integration of mandis under the e-NAM platform is based on proposals received from State Governments/Union Territories, reflecting their demand
Based on the comments and counter-comments received from stakeholders in the consultation process, and on its own analysis, TRAI has finalized the Recommendations on Assignment
The Government of India launched the IndiaAI Mission on March 7th, 2024, to bolster India’s global leadership in AI and democratize the benefits of AI
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