RBI Compliances for LCR to NBFC along with the changes w.e.f 31st March 2022



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This article details the Reserve Bank of India's (RBI) Liquidity Coverage Ratio (LCR) compliance requirements for Non-Banking Financial Companies (NBFCs), with specific updates effective from March 31, 2022. It outlines which categories of NBFCs are subject to LCR rules, including deposit-taking and non-deposit-taking entities above certain asset thresholds. The content further elaborates on the components of LCR, such as High-Quality Liquid Assets (HQLA) and net cash outflows, and the management information systems and internal controls necessary for compliance.

LCR Applicability to following NBFC Category 1: All Deposit taking NBFCs (Annexure A B both) Category 2: Non-Deposit taking NBFCs whose asset size is more than 5,000 crores (Annexure A and B both). Category 3: Non-deposit taking NBFCs with asset size of Rs.100 crore and above (Annexure A)
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