The Reserve Bank of India has directed banks to increase run-off rates for digital deposits, a move expected to enhance liquidity coverage ratios by around 6% by December-end. The measure, announced in an RBI release, aims to strengthen the financial stability of banks.

Qurate Retail has announced a semi-annual interest payment and a regular additional distribution on its 3.75% senior exchangeable debentures due 2030. This development provides assurance to investors about the company’s commitment to its financial obligations.