Business3 hours ago
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RBI Tightens Bulk Deposit Rate Norms, Introduces LCR Pricing
RBI has tightened transparency norms on bulk deposit rates, enhancing market clarity. The new regulations allow LCR-linked pricing, impacting banks and depositors. This move aims to ensure better compliance and transparency in the banking sector, fostering trust among consumers.
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"Looks like the RBI is keeping banks on their toes!"
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File ID: #301507Original Source: Indian Express ↗
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