Assocham hails RBI decision to ease liquidity crunch at NBFCs amid crisis

The RBI on Friday allowed the banks to use government securities equivalent to their incremental credit to non-banking financial companies (NBFCs) for a three-month period to meet their liquidity coverage ratio (LCR) requirements.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2q5lyP3