Risk-profile onus falls on India's banks

INDIA - The RBI has rolled out Risk Based Supervision (RBS) for banks. The central bank has sent a template of prudential norms to all banks to independently measure their prudential status.

A leading nationalised bank has completed the drill and submitted its compliance report, duly vetted by its board, to the RBI. Other banks are expected to follow, Business Line India reported.

If the RBI is satisfied with the risk status of a bank it could, at its discretion, do away with the routine of ann

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