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    <title>Reserve requirements</title>
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    <description>Regulation 8 exempts IBU liabilities from the Cash Reserve Ratio and other specified requirements, except deposits raised from individuals resident in India or outside India. Those deposits are subject to reserve ratios specified by the Authority. IBCs must maintain reserves in the manner mandated under the Banking Regulation Act, 1949 and the Reserve Bank of India Act, 1934.</description>
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      <description>Regulation 8 exempts IBU liabilities from the Cash Reserve Ratio and other specified requirements, except deposits raised from individuals resident in India or outside India. Those deposits are subject to reserve ratios specified by the Authority. IBCs must maintain reserves in the manner mandated under the Banking Regulation Act, 1949 and the Reserve Bank of India Act, 1934.</description>
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