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March 25, 2016 RBI eases liquidity coverage ratio norms
Photo: Pradeep Gaur/Mint Mumbai: The Reserve Bank of India (RBI) gave bankers more flexibility in maintenance of liquidity coverage ratio (LCR) under Basel III by tweaking certain norms and allowing some corporate bonds to be included in the calculations. In a circular on Wednesday, RBI said banks can include corporate bonds and commercial papers for […]
NEWS March 4, 2016 RBI eases stake sale rules in start-ups
The RBI said it would clarify certain other issues that are permissible under current rules. Photo: Ramesh Pathania/Mint Mumbai: The Reserve Bank of India (RBI) allowed overseas investors to sell their stakes in Indian start-ups to local companies, potentially giving foreign venture capital (VC) funds an easier exit route. The regulator also allowed start-ups to […]
