RBI through circular dated June 25, 2021 has issued the Reserve Bank of India (Call, Notice and Term Money Markets) Directions, 2021. The revised prudential borrowing limits for transactions in Call, Notice and Term Money Markets provides that Scheduled Commercial Banks (including Small Finance Banks), Payment Banks and Regional Rural Banks shall be 100% of capital funds on a daily average basis in a reporting fortnight, and 125% of capital funds on any given day.
These changes shall be applicable with immediate effect.
