<h1>Banking supervision reforms tighten capital, liquidity and resolution rules while strengthening NBFC oversight and governance.</h1> Regulatory and supervisory strengthening focuses on capital and liquidity standards, improved asset-quality recognition and provisioning, time-bound market-based resolution under the Insolvency and Bankruptcy Code, and mandatory inter-creditor agreements and additional provisioning to deter delay. NBFC oversight is being tightened via liquidity and ALM guidelines, enhanced surveillance, category rationalisation and shortened supervisory periodicity, while governance, risk management, compliance, internal controls and specialised supervisory capacity within the Reserve Bank are emphasised to support a resilient financial system.