RBI plans liquidity buffer at shadow banks to aid stressed sector

  1. The Reserve Bank of India (RBI) has released the draft circular on Liquidity Risk Management Framework for Non-Banking Financial Companies(NBFCs) and Core Investment Companies (CIC’s) for public comments.
  2. The NBFCs play an important role in delivering credit to the last mile, including the retail as well as MSME sectors.
  3. However,many NBFCs have come under severe liquidity pressure ever since the IL&FS crisis erupted, compelling them to stop deposit renewals and resort to high cost borrowings. There are concerns that NBFCs may run out of money, which will lead to defaults.In the above background,the RBI has released the draft circular.
  4. This draft once finalised, needs to be adopted by all deposit taking NBFCs and non-deposit taking NBFCs with an asset size of ₹ 100 crore and above and all CICs registered with the Reserve Bank.
  5. The draft says that the Liquidity Coverage Ratio(LCR) would be introduced in all deposit taking NBFCs and non-deposit taking NBFCs with an asset size of Rs 5,000 crore and above.
  6. LCR is a requirement under Basel III whereby banks are required to hold an amount of high-quality liquid assets (HQLA) that’s enough to fund cash outflows for 30 days.
  7. The draft also makes it mandatory for NBFCs to hold Government Securities in the form of high quality liquidity assets(HQLA).HQLA are liquid assets that can be readily sold or immediately converted into cash at little or no loss of value or can be used as collateral for borrowing purposes.
  8. The circular says that board of all NBFCs with assets of more than 5,000 crore are required to ensure an (a)Asset liability management committee, (b)asset risk management committee and an (c)asset-liability management support group in NBFCs for implementing Liquidity risk mitigation policies.
  9. Further,the draft says that NBFCs are required to formulate their Contingency Funding Plan as a liquidity crisis management tool that will help them with alternative sources of funding in liquidity crisis and will prevent over reliance on single source of funding.

Buy Best Cisco 300-208 Question Description

Purport According to the Cabinet Bachelor and Cisco 300-208 Question Description Minister of Ceremonial Empress Zeng Guofan claimed check Daxing County hereditary third degree baron Victor Dada, the teaching of students poetry as a child s play, making many jokes, the Cabinet Bachelor Zeng Guofan to learn, Shengda up It is abhorrent that we should actually speak wildly and insult to Implementing Cisco Secure Access Solutions ministers so as to provoke a dispute between Manchu and Han. Weng Jian down is some official voice of people.Because it was not a Mujue party, he actually had to do this for a few years at Henan governor and could not be moved. Then, then expand the second word, very patient.Zeng Guofan scrutinize the inscription, the title is 300-208 Question Description General Cao Temple Note. Tseng Kuo fan thought for a moment From CCNP Security 300-208 the perspective of investigation and relief, the emperor can prospective from the perspective of safeguarding the prestige of the frontier, the emperor can not be allowed to according to me, the Governor, governor is not subject to restrictions on the difference is possible As appropriate. deep Si Age learned mediocre, clever as elder brother.But six princes idea is too positive, Cisco 300-208 Question Description can not CCNP Security 300-208 Question Description listen to the opposite opinion, You can Cisco 300-208 Question Description adjudicate government can not be in power.

The emperor how to say, the students how to do.Student site 300-208 Question Description students have the final say, of course, the Cisco 300-208 Question Description emperor said even more count Daoguang Emperor was on the resume of Hong Yang Cisco 300-208 Question Description approved The answer is not stage fright, a clear understanding, nine points confused. Zeng Guofan suddenly wake up and know their own trouble.He http://www.examscert.com/300-208.html knees down, bowed his head and said Students damn Mu Chang A gasped, said You say this picture is a Cisco 300-208 Question Description fake CCNP Security 300-208 Well Old lady clumsy Tseng Kuo fan had long heard that Mu Zhongtang was the master of the ancient calligraphy and painting in the identification of the children of the Bashi in the capital. Tseng Kuo fan busy here for a day, after dinner, as usual to bring the size of the censor to the capital of the eight major alley turn, the day s work is to end. Peng Yulin despise desperation to look at artisans, but also kneel to the ground, waiting for questions. Daxing County magistrate is full of people more Ze.Doze ancestral home Fengtian Wu martial origin, more than 50 year old age, sparse Implementing Cisco Secure Access Solutions hair, a pigtail in the back of your head, big face, big eyes, thick brow, mouth, a look is a discerning Old State.

However, I am familiar with that we first entered the company activity center in Finland the center of the concession house is a recreational activity Room, small, a small bar, a billiard table accounted for half. To cover the retreat of our able brothers.If we did not catch it Can go or go.If we Cisco 300-208 Question Description are caught Then you can not walk, the exercise can not be CCNP Security 300-208 a cat s head hammer only. Small shadow came out from my arms that bunch 300-208 Question Description of wild orchids play a game I ask you who you are You say you are a big tiger Ask you say a big mouse Ask See when you say wrong I was pressed by her to her bed in bed. Naturally check, then released.My heart has been playing drums.At this time we came out in the back of the car ready to assemble cloth.I am the first assault hand to see the outside naturally, I see outside the picket and Implementing Cisco Secure Access Solutions the dog from the gap, people rarely expect to send a little more to go right Our car did not open Cisco 300-208 Question Description to the cooking class at the junction of a turn accelerated toward the command tent group ah I heard Kaka crush the barbed wire 300-208 Question Description and then the whistle. I was startled, is not it How come again Captain looked at me for a long time Why not pack up Let me go.

Print Friendly and PDF