He said the supervisory approach of the RBI would be to further strengthen its focus on developing financial institutions’ ability to identify, measure, and mitigate the risks.
“The new supervisory approach will be two-pronged - first, strengthening the internal defences of the supervised entities; and second, greater focus on identifying the early warning signals and initiate corrective action,” he said.
If you want to change selection, open document below and click on "Move attachment"
Unknown titleability. Hence, it is imperative that the approach to risk management in banks should be in tune with the realisation of more frequent, varied and bigger risk events than in the past,” he said. <span>He said the supervisory approach of the RBI would be to further strengthen its focus on developing financial institutions’ ability to identify, measure, and mitigate the risks. “The new supervisory approach will be two-pronged - first, strengthening the internal defences of the supervised entities; and second, greater focus on identifying the early warning signals and initiate corrective action,” he said. Stating that higher emphasis is being given on identifying causes of weaknesses than on symptoms, he said the symptoms of weak banks were usually poor asset quality, lack of profitabili Summary
| status | not read | | reprioritisations | |
|---|
| last reprioritisation on | | | suggested re-reading day | |
|---|
| started reading on | | | finished reading on | |
|---|
Details