 "rbi, reserve bank of india")
RBI pushes crisis-hit NBFCs to maintain more high-quality liquid assets
The Reserve Bank of India (RBI) on Friday said from April 1 next year large non-banking financial companies (NBFCs) should maintain a liquidity coverage ratio (LCR) in line with banks and carry enough collateral that can be used for liquidity needs.
Even as the draft offered no hint of a possible liquidity window for the troubled NBFC sector, the central bank said it remained “committed to promote a robust, vibrant and well-functioning NBFC sector”.
From investment cap to pension funds, Sebi moots changes to FPI rules
A Securities and Exchange Board of India (Sebi)-constituted
