📢 RBI’s New LCR Norms Boost Banking Stocks!
🔹 Macquarie View: RBI’s expectation of a 600 bps improvement in Liquidity Coverage Ratio (LCR) from Q3FY24 levels is seen as highly encouraging for the banking system.
🔹 Stock Market Reaction (April 22):
- 💹 Kotak Mahindra Bank 🔼 2%
- 💹 HDFC Bank 🔼 2%
- 💹 State Bank of India (SBI) 🔼 2%
Investors cheered the news, pushing heavyweight banking stocks higher.
🔹 What Did RBI Do?
🏦 On April 21, RBI amended the LCR framework, giving banks more flexibility in fund management.
🔜 Effective Date: April 1, 2026
📈 Impact: RBI estimates a 6 percentage point boost to banks’ LCR as of December-end.
