BI vigilant on regulatory 'grey areas'

Bank Indonesia deputy governor Muliaman D. Hadad said recently that in the revised regulations, the central bank had clarified several "gray areas" that had dissuaded the banks from extending loans to particular types of firms.

"We want to create a uniformity of perception on how the regulations actually apply to banks when assessing loans and whether loans have been defaulted on," he said on Tuesday during a briefing on the revised regulations.

"The main thing is that the banks should streng