Digital deposits blunt India’s LCR overhaul
Stressed retail outflows used to calculate the liquidity coverage ratio (LCR) surged at Indian banks in the second quarter, after a regulatory change increased the run-off rate assumptions for digital deposits.
HDFC Bank and ICICI Bank both saw retail deposit outflows jump 31.3%, to two trillion rupees ($20.7 billion) and 1.2 trillion rupees, respectively. For HDFC, the increase was split roughly
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net
