Current Affairs · Banking
Consider the following statements about the amendments to the Liquidity Coverage Ratio (LCR) framework introduced by the RBI in April 2025: 1. A 2.5% run-off rate will be assigned to internet and mobile banking-enabled retail and small business customer deposits. 2. Wholesale funding from non-financial entities will attract a lower run-off rate of 40%. 3. The LCR changes aim to improve liquidity coverage by approximately 6 percentage points. Which of the given statements is/are correct?
- 11 only
- 21 and 2
- 31, 2 and 3✓
- 42 and 3
Correct answer
1, 2 and 3
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