February 05, 2021
All Commercial Banks
(excluding Regional Rural Banks,
Local Area Banks and Payments Banks)
Dear Sir/Madam,
Basel III Framework on Liquidity Standards –
Net Stable Funding Ratio (NSFR)
- 1. Please refer to our circular DBR.BP.BC.No.106/21.04.098/2017-18 dated May 17, 2018 on Basel III Framework on Liquidity Standards – Net Stable Funding Ratio (NSFR)-Final Guidelines (‘NSFR Guidelines’) and circular
DOR.BP.BC.No.16/21.04.098/2020-21 dated September 29, 2020 deferring the implementation of the said guidelines till April 1, 2021.
- 2. In view of the ongoing stress on account of COVID-19, it has been decided to defer the implementation of NSFR guidelines by a further period of six months. Accordingly, the NSFR Guidelines shall come into effect from October 1, 2021.
Yours faithfully
(Usha Janakiraman)
Chief General Manager
For full detail Click here….
http://bit.ly/Rbi-Basel-III-Framework-on-Liquidity-Standards-NSFR