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RBI relaxes leverage ratio in a boost to bank lending

MUMBAI: The Reserve Bank of India (RBI) on Thursday relaxed the leverage ratio (LR) for banks in a bid to help them expand their lending activities. The leverage ratio stands reduced to 4% for Domestic Systemically Important Banks (DSIBs) and 3.5% for other banks. The relaxation was announced in the accompanying...
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RBI looking into improving quality of education loans: Rajan

Bengaluru: Reserve Bank Governor Raghuram Rajan Friday said the central bank was looking into improving the quality of education loans despite high levels of defaults. Rajan, who delivered the Sri Vithal N Chandavarkar Memorial Lecture at the Indian Institute of Science campus here, responding to a question on...
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