RBI Frames New Norms On LCR For Banks

Mumbai: The RBI has issued new Liquidity Coverage Ratio (LCR) guidelines, which will require a bank to assign additional run-off rates of 2.5 per cent to internet and mobile banking-enabled retail and small business customer deposits with effect from April 1, 2026.

Banks will also have to adjust the market value of Government Securities (Level 1 HQLA) with haircuts in line with margin requirements under the Liquidity Adjustment Facility (LAF) and Marginal Standing Facility (MSF). In addition, the final guidelines also rationalise the composition of wholesale funding from ‘other legal entities’.

Govt extends RBI Dy Guv’s term

New Delhi: The government has extended the term of RBI Deputy Governor T Rabi Sankar for another one year till May 2026, according to sources. This is the second one-year extension granted to him.