The Reserve Bank of India (RBI) has reviewed guidelines to achieve the the level of sophistication by banks as practised in the international level.
RBI has decided that the banks may adopt a more granular approach to measurement of liquidity risk by splitting the first time bucket (1-14 days at present) in the Statement of Structural Liquidity into three time buckets viz Next day , 2-7 days and 8-14 days.
Also the the Statement of Structural Liquidity may be compiled on best available data coverage, in due consideration of non-availability of a fully networked environment.
Banks may, however, make concerted and requisite efforts to ensure coverage of 100% data in a timely manner.
The net cumulative negative mismatches during the Next day, 2-7 days, 8-14 days and 15-28 days buckets should not exceed 5 % 10%, 15 % and 20 % of the cumulative cash outflows in the respective time buckets in order to recognise the cumulative impact on liquidity.