Friday 25 September 2020
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business-standard - 2 month ago

RBI Introduces Automated Sweep-In And Sweep-Out (ASISO) Facility For End Of Day LAF Operations

In order to optimise human resource deployment in the context of disruptions caused by COVID-19 and to provide eligible LAF/MSF participants greater flexibility in managing their end of the day cash reserve ratio (CRR) balances, the Reserve Bank has decided to provide an optional automated sweep-in and sweep-out (ASISO) facility in its e-Kuber system.


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