RBI wants NBFCs to adopt better tools to detect liquidity strains early on

The new norms will be applicable to all non-deposit taking NBFCs with an asset size of Rs 10,000 crore and above, and all deposit-taking NBFCs irrespective of their asset size and mandate them to maintain a liquidity buffer in terms their liquidity coverage ratio.

from Banking/Finance-Industry-Economic Times https://ift.tt/36rikcV