RBI Gives Banks a Chill Pass on PSL for Non-Resident Deposits

Finance

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RBI Gives Banks a Chill Pass on PSL for Non-Resident Deposits

Yo, peep this! RBI just hit the banks with a major glow-up! From June to September 2026, they can totally ignore those non-resident deposits when calculating PSL. It’s like they got a VIP pass to skip the 40% stress. Banks are vibing, saying goodbye to PSL headaches and hello to chill times! Talk about a financial glow-up!