Current Affairs · RBI Prudential Norms and Deferments
Which of the following statements correctly reflect the operational and regulatory specifics of the Reserve Bank of India's (RBI) deferment of the Liquidity Coverage Ratio (LCR) and Expected Credit Loss (ECL) norms? 1. The implementation deadline for the LCR and ECL regulations has been extended to March 2026. 2. Project finance rules and other related liquidity regulations have been excluded from this deferment and will proceed as scheduled. 3. The RBI has decided to implement these new financial norms in phases to allow banks ample time to comply. 4. The LCR norm is primarily designed as a loan loss provisioning framework to account for potential credit defaults in advance. Select the correct option:
- 11 and 3 only✓
- 23 and 4 only
- 32 and 4 only
- 41 and 2 only
Correct answer
1 and 3 only
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