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.
Vodafone Idea shares jump 3% after Q1 net loss narrows. What is Nomura saying?
Vodafone Idea’s Q1 loss narrowed sharply to Rs 3,754 crore from Rs 6,608 crore a year ago, while revenue rose 6% YoY to Rs 11,689