RBI says reviewing ATM outage circular after bank’s feedback
ET was the first to report in its September 9 edition that lenders had approached the RBI seeking relaxation in its scheme citing issues of replenishing ATMs in rural geographies that could significantly push up costs and make business unviable.
RBI Guv responds to SBI note about excess liquidity; says banks must do own risk assessmentIn mid-September, SBI Economic Research said when other costs are taken into account, banks are facing significant pressure on margins because of the low market rates caused by surplus liquidity in the banking system.
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