Mumbai, April 24 -- The Reserve Bank of India issued the final norms on computation of high-quality liquid assets (HQLA) and the run-off factor on certain categories of deposits, for banks calculating their Liquidity Coverage Ratio (LCR). The new guidelines are based on feedback and comments from the central bank on the draft guidelines issued in July 2024. The new norms will come into effect from April 2026.Minttakes a look at the changes from the draft norms and what the new norms will mean for banks:

RBI has asked banks to assign an additional run-off rate of 2.5% to internet and mobile banking (IMB)-enabled retail and small business customer (SBC) deposits to compute their LCR. This means that 'stable' retail deposits enabled with IM...