business
IDFC gets RBI nod to exempt 30% of loan book from SLR/CRR
Suruchi Jain of Morningstar is not surprised and says all banks should be subjected to the same rules. Hence, the exemption is 30 percent of the eligible loans for the first year, which is the same for all the banks, the following years it will be taken up to 50 percent and 60 percent of loans.
first published: Jan 30, 2015 12:59 pm