RBI widens Basel-III-compliant asset base of banks
Accordingly, the new amendments widen the assets of banks such as the excess CRR; excess G-secs holdings in SLR; and also excess g-secs under marginal standing facility, which all would now be included in the stock of liquid assets without any limit as also without applying any haircut, the central bank said in a notification.
A person showing Rs 2,000 notes in front of Reserve Bank of India. Photo: IANS