MSME News, Goa | The Reserve Bank of India (RBI) has made changes in the guidelines on
'Large Exposures Framework' (LEF) for banks with a view to reduce the
concentration of risk and align them with the global norms.
The new framework, however, also makes it possible for government entities to borrow more, as they will not be considered part of a group of connected entities.
The Central Bank released amendments that have been incorporated, the bank said in order to capture exposures and concentration risk more accurately and to align the above instructions with international norms.
Read More: https://knnindia.co.in/news/newsdetails/state/govt-will-offer-all-support-incentives-for-the-growth-development-of-smes-goa-cm
The new framework, however, also makes it possible for government entities to borrow more, as they will not be considered part of a group of connected entities.
The Central Bank released amendments that have been incorporated, the bank said in order to capture exposures and concentration risk more accurately and to align the above instructions with international norms.
Read More: https://knnindia.co.in/news/newsdetails/state/govt-will-offer-all-support-incentives-for-the-growth-development-of-smes-goa-cm
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