Bank of Baroda sees up to 15 percentage points LCR impact after RBI norms

Quick Summary:

The LCR level was 122 per cent in March 2024.

The bank moderated loan growth in overseas markets (6.4 per cent year-on-year in Q1).

With the balance of the international book, the bias will be to operate at a C/D ratio of 80 per cent, he added.

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Category: BusinessFinance

Markets: India

Topics: Reserve Bank of India Bank of Baroda LCR Finance sector RBI

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-01 @ 19:03:34 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 454 words

Reading Time: 3 minutes read

Sentences: 24 lines

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Copyright Owner: © Business Standard

News ID: 21886110

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