RBI Gives Banks a Sweet Break on PSL Calculations, Yay!

Alright, listen up! The RBI just gave banks a big ol' hug! They said, 'Hey, if you got loans from fresh non-resident deposits, just forget about those PSL targets for a bit!' It’s like getting a free slice of pizza! This move is all about making it easier for banks to scoop up that non-resident cash. Who doesn’t love a little breathing room, am I right?