......The RBI on Monday released the final Basel III framework on liquidity standards which includes guidelines on LCR, liquidity risk monitoring tools, and LCR disclosure standards. The main objective of LCR is to promote short-term resilience of a bank’s liquidity risk profile by ensuring that it has sufficient high-quality liquid assets to survive a significant stress scenario lasting 30 days. “Obviously, it (LCR implementation) will be a challenge. All banks will have to structurally increase their liquidity base, both on the asset and liability side. “In the short term, banks will maximise their ............
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