Consider the following statements:
- The RBI will enforce a 5% run-off factor on digitally accessible retail deposits.
- The IBA has requested the RBI to reduce this to 2-3%.
- The regulation will be effective from April 2025.
Which of the following is/are correct?
1
1 only
2
1 and 2
3
1, 2, and 3
4
2 and 3
5
1 and 3