RBI penalizes 13 co-op banks; most for non-adherence with KYC
Come Monday and RBI comes out with a long list of defaulting co-op banks. This Monday, however, this list is
Source: indiancooperative.com
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Banks' reserve cash at Central Bank hits a record Sh268 billion
Money that banks sets aside to cushion themselves against a run by depositors rose to a record Sh268.1 billion in December.
Source: standardmedia.co.ke
Bank Negara not expected to raise SRR ratio
PETALING JAYA: Bank Negara (pc) is not expected to follow its counterpart Bank Indonesia (BI) in raising the statutory reserve requirement (SRR) ratio, an instrument to manage liquidity in the banking system.
Source: thestar.com.my