RBI welcomes the comprehensive review of banking regulation and supervision in India done with respect to the highest international standards, by the joint IMF-World Bank team. The Detailed Assessment Report (DAR) recognised that India made considerable progress towards developing a stable financial system through improvements in the legal, regulatory and supervisory framework, which led India to be… Read More
Tags: Banking in India, Basel Committee on Banking Supervision, Financial Sector Legislative Reforms Commission, Financial Stability and Development Council, India, Insurance Regulatory and Development Authority, Reserve Bank of India, State Bank of India
The latest issue of the Financial Stability Report (FSR) of the Reserve Bank of India, the seventh in the series, is being released at a time when debate about the appropriateness, timing and pace of imminent exit from unconventional monetary policies by the US is intensifying and the consequent tremors are being felt in financial markets across the… Read More
Tags: Basel II, Economy of India, Federal Reserve System, Financial Stability and Development Council, FSR, India, Non-banking financial company, Reserve Bank of India
Reviews The Position of Asset Quality and Capital Adequacy of The Banking System in the Country, National Strategy for Financial Education and the Recommendations of The Financial Sector Legislative Reforms Commission Among Others The Financial Stability and Development Council (FSDC) reviewed the position of asset quality and capital adequacy of the banking system in the… Read More
Tags: Basel III, Finance Secretary, Financial Sector Legislative Reforms Commission, Financial Stability and Development Council, Financial Stability Board, FSDC, India, Run batted in