The Reserve Bank of India has eased liquidity coverage ratio (LCR) norms for banks, giving them more flexibility in managing funds. The final rules, effective April 2026, reduce the run-off factor for retail deposits accessed via internet and mobile banking.
The rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on the currency.
Gold and silver prices opened higher on MCX as easing geopolitical tensions and US-Iran peace talk hopes influenced sentiment. Silver gained sharply while gold held
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