The Indian market closed higher on Monday for the second day in a row. The S&P BSE Sensex rose 145 points while the Nifty50 closed above 24,500.
LCR buffers high at most banks, may dip once new rules kick in
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