The Reserve Bank of India today placed on its website the Draft Large Exposures (LE) Framework for comments.
The salient features of the proposed Large Exposures (LE) Framework include:
On March 27, 2015, the Reserve Bank of India placed on its website, for comments from stakeholders, a Discussion Paper on Large Exposures Framework and Enhancing Credit Supply through Market Mechanism, outlining proposals to align the extant exposure norms with the “Supervisory Framework for Measuring and Controlling Large Exposures” issued by the Basel Committee on Banking Supervision. The comments received from the stakeholders have been taken into account while preparing this Draft Large Exposures Framework.
Press Release : 2016-2017/499
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