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RBI tracking impact of global polices on banks, says official


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The Reserve Bank is very mindful of the impact of adopting global policies in the country’s banking sector, according to a top official.


In the recent past, adopting international capital and liquidity standards have been preceded by detailed quantitative impact studies.


The RBI explicitly presents its assessment on the global developments and external sector risks and challenged associated with globalisation, in its monetary policy announcements.


These were conveyed to RTI activist S Dheenadhayalan who had written to the Prime Minister raising a number of issues concerning the functioning of the country’s banking system.Read more at;


RBI tracking impact of global policies on banks, says official | Business Line

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