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LCR, ECL regulations deferred...

Financial Express Delhi

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February 08, 2025

EARLIER THIS WEEK, M Nagraju, secretary, department of financial services, said that the government had given its feedback that it does not want liquidity to be locked up at a time when the conditions were already tight.

Malhotra in his policy statement said that while the interest of the economy demands financial stability and consumer protection, RBI's mandate is to enhance both of them. "We recognise that just like there are no free lunches, regulation to enhance stability and consumer protection too is not devoid of costs. There are trade-offs between stability and efficiency. We will keep this trade-off in mind while formulating regulations. It will be our attempt to strike the right balance, keeping in view the benefits and costs of each and every regulation."

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