Draft guidelines may impact banks' existing LCR by upto 300 pps: CRISIL

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Draft guidelines may impact banks' existing LCR by upto 300 pps: CRISIL - Business Standard

Quick Summary:

As per analysts at CRISIL, the gap between credit and deposits narrowed to Rs 300 bps in FY24 as compared to a gap of 600 bps in FY23.

The median LCR of the banks analysed, which stood at 136 per cent as of March 31, 2024, would drop to 117 per cent if the guideline is implemented as is.

The LCRs of many banks have already been impacted by a reduction of more than 250 basis points (bps) between FY23 and FY24.