RBI proposes new liquidity norms for NBFCs
02, Jun 2019
Prelims level : Mains level :
- 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.