INSUBCONTINENT EXCLUSIVE:
events that affect one area of risk can have ramifications for a range of other risk categories
video conference and was attended by Deputy Governors M K Jain, M Rajeshwar Rao and T Rabi Sankar, according to a statement released by the
RBI on Tuesday, November 2.Credit flows, especially to micro and small enterprises, watching out for stressed assets and keeping mitigating
regulatory measures to ensure consumer protection, were among the other issues that were discussed between the RBI and banks
today.Meanwhile, the RBI also stated today that the sale of stressed assets by lenders must be done at an earlier stage to allow for optimal
recovery by asset reconstruction companies, as per a report published by a committee appointed by the central bank.
