The Reserve Bank of India (RBI) on Tuesday said banks should fix a lower limit for their IBL (inter-bank liability). “The IBL of a bank should not exceed 200 per cent of its net worth as on March 31 of the previous year. However, individual banks may, with the approval of their board of directors, fix a lower limit for their inter-bank liabilities, keeping in view their business model,” RBI said in its final guidelines on liquidity risk management..............
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