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Friday, Feb 7, 2025

RBI to delay digital deposit buffer mandate for banks by a year, says governor Sanjay Malhotra

The RBI in July had proposed that all banks should set aside an extra 5% ‘run-off-factor’ on digitally accessible retail deposits
A man walks past the RBI logo at RBI headquarters in Mumbai, Friday, Feb. 7, 2025.
A man walks past the RBI logo at RBI headquarters in Mumbai, Friday, Feb. 7, 2025.

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News business RBI to delay digital deposit buffer mandate for banks by a year, says governor Sanjay Malhotra