Banks in India have built high liquidity coverage ratio buffers anticipating stricter RBI norms. Most banks exceed the 100% LCR requirement, with private banks holding up to 136%. The new guidelines might reduce LCR by 7-10 percentage points, but public sector banks might need to increase their holdings.
Q2 results today: Tata Investment among 7 companies to announce earnings on Thursday
Tata Investment, along with six other companies, is set to announce their July-September 2024 quarterly results today. Tata Investment had previously reported a strong performance