The Reserve Bank of India’s new norms, which will come into force April 1, aim to ensure that the country’s lending institutions have enough mobile app development company liquid assets, such as cash and government securities, at all times to meet outflows. When estimating their cash outgoings over a 30-day period, banks currently assume that at most 5% of stable retail deposits — and a similar quantum of funds parked with mobile app development company them by small businesses — will leave. This requirement is being raised to 10% by increasing the so-called run-off factor.

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