Central Bank provides further leeway on banks' liquid asset computation
| Published date | 07 February 2023 |
| Publication title | Daily Mirror |
In a further measure to alleviate the tight liquidity situation faced by the country's banking sector, the Central Bank last week issued fresh instructions providing some leeway to the manner in which the latter calculates and reports its liquidity matrices.
In a Banking Act Determination, the Central Bank last week said the banks - both licensed commercial and specialised banks - could treat (i) qualifying non-financial corporate debt securities and (ii) qualifying non-financial common equity shares as part of their liquid assets when they compute their Statutory Liquid Assets Ratio (SLAR).
The two new instruments have already...
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