RBI proposes new liquidity norms for NBFCs

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  • RBI has issued draft guidelines on liquidity management for the NBFCS and proposed a liquidity coverage ratio for large NBFCs.
  • It covers all deposit taking NBFCs and non-deposit taking NBFCs with an asset size of 5,000 crore and above.
  • Company fixed deposits (FDs), unlike bank FDs, don’t come with insurance.
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