The Reserve Bank of India (RBI) eased a mandatory liquidity rule on Thursday, by tweaking its liquidity coverage ratio requirements for banks. In a circular the RBI said it would allow banks to account for up to two percentage points more of government securities, held in their statutory liquidity ratio reserves, to help them meet liquidity coverage ratio norms.

RBI eases some cash requirement rules for banks

Tesla is completing its massive Nevada battery factory and producing a mass market sedan, but there are signs the company faces pressure

Tesla needs to spend $1.1 billion in cash this quarter

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cash requirements

RBI eases some cash requirement rules for banks

Tesla needs to spend $1.1 billion in cash this quarter