News:The Reserve Bank of India(RBI) has introduced ‘liquidity management framework’ for Non-Banking Financial Companies (NBFCs). Facts: Why this framework? This framework is introduced due to liquidity crunch faced by some NBFCs after the collapse of the Infrastructure Leasing and Financial Services(IL&FS) group. About the framework: The framework has introduced the liquidity coverage ratio(LCR) for Non-Banking… Continue reading Asset Liability management(ALM) Framework for NBFC’s
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