https://www.taxtmi.com/news?id=1296 The government will establish an apex-level Financial Stability and Development Council to institutionalize mechanisms for financial stability and a Financial Sector Legislative Reforms Commission to rewrite and clean up financial sector laws. Banks are directed to manage asset-liability mismatches prudently, employ credit enhancement and take out financing for long term funds, augment capital, and meet additional provisioning norms to guard against deterioration in asset quality. The policy also prioritises cost effective financial inclusion measures and expanded banking outreach. en-us Fri, 19 Nov 2010 23:24:59 +0530 Fri, 19 Nov 2010 23:24:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1296 The government will establish an apex-level Financial Stability and Development Council to institutionalize mechanisms for financial stability and a Financial Sector Legislative Reforms Commission to rewrite and clean up financial sector laws. Banks are directed to manage asset-liability mismatches prudently, employ credit enhancement and take out financing for long term funds, augment capital, and meet additional provisioning norms to guard against deterioration in asset quality. The policy also prioritises cost effective financial inclusion measures and expanded banking outreach. News - Fri, 19 Nov 2010 23:24:59 +0530 https://www.taxtmi.com/news?id=1296