banking service chronicle

banking service chronicle
banking service chronicle

Friday 9 November 2018

ibps po Bsc magazine

ibps po Bsc magazine

 BSC page 12 has Credit flow to NBFCs article
ibps po Bsc magazine The Reserve Bank of India on 19 Oct announced more measures to increase liquidity flows to the non-banking financial companies (NBFCs). The RBI permitted banks to use gOvt securities equal to their incremental •outstanding credit to NBFCs, ibps po Bsc magazine  over and above their outstanding credit to them as on Oct 19, to he used to meet liquidity coverage ratio requirements. The move will help provide liquidity to housing finance companies (11FC's) and non-banking finance companies ibps po Bscmagazine (NBFCs) which have come under pressure following a series of defaults by II.&FS group companies. This will be in addition to the existing Facility to Avail Liquidity for Liquidity Coverage Ratio (FALLCR) ibps po Bsc magazine of 13 per cent of total deposits, and limited to 0.5 per cent of the bank's total deposits. Liquidity coverage ratio refers to highly liquid assets that financial institutions need to hold in order to meet short-term obligations ibps po Bsc magazinehttp://careerprakashan.com/subscriptions/plan_details.php?id=800

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