Citing the increasing prevalence ( mobile and internet banking in India, which enables depositors to easily withdraw their funds, the central bank has suggested an additional 5 per cent run-off factor for retail deposits with digital banking facilities. Analysts predict that the potential impact on LCRs, should these norms be enacted, could be as severe as a 20-30 percentage point reduction.
"Banks do carry buffers over LCR norms, but to maintain current levels, they may need to increase deposit growth/trim loan growth, which could affect earnings by 4-10 per cent, with a higher impact on PSU banks," Jefferies said in a note to its clients.
According to analysts, banks with an LCR exceeding 130 per cent are relatively comfortable, though not many lenders boast such robust ratios.
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