https://www.taxtmi.com/news?id=4720 The Reserve Bank increased the provisioning requirement for restructured standard accounts to strengthen buffers and directed banks to put in place an effective information sharing mechanism covering credit, derivatives and unhedged foreign-currency exposures; sanctions, renewals or ad-hoc loans must be preceded by obtaining and sharing necessary information, with non-adherence liable to supervisory action including penalties and ongoing RBI monitoring. en-us Fri, 22 Feb 2013 19:02:45 +0530 Fri, 22 Feb 2013 19:02:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4720 The Reserve Bank increased the provisioning requirement for restructured standard accounts to strengthen buffers and directed banks to put in place an effective information sharing mechanism covering credit, derivatives and unhedged foreign-currency exposures; sanctions, renewals or ad-hoc loans must be preceded by obtaining and sharing necessary information, with non-adherence liable to supervisory action including penalties and ongoing RBI monitoring. News - Fri, 22 Feb 2013 19:02:45 +0530 https://www.taxtmi.com/news?id=4720