The Global Financial Crisis and the Indian Financial Sector What Have We Learnt and How Have We Responded? (Address by Dr. Duvvuri Subbarao, Governor, Reserve Bank of India at the 7th International Banking & Finance Conference 2013 organized by the Indian Merchants’ Chamber at Mumbai on June 5, 2013)

The Global Financial Crisis and the Indian Financial Sector What Have We Learnt and How Have We Responded? (Address by Dr. Duvvuri Subbarao, Governor, Reserve Bank of India at the 7th International Banking & Finance Conference 2013 organized by the Indian Merchants’ Chamber at Mumbai on June 5, 2013) https://www.taxtmi.com/news?id=11215 The address sets out India's regulatory responses to crisis lessons: implementation of Basel III consistent with higher domestic capital and liquidity standards and a phased timetable; strengthened oversight of shadow banking via regulation and restriction of deposit taking by NBFCs alongside enhanced surveillance and enforcement; a policy tilt toward subsidiarisation of foreign banks with conversion incentives and pending legal clarifications; incremental OTC derivatives reforms focused on standardisation, reporting, central clearing and guaranteed settlement; and debate over institutional arrangements for macroprudential oversight centered on the role of the Financial Stability and Development Council. en-us Wed, 05 Jun 2013 13:19:49 +0530 Wed, 05 Jun 2013 13:21:00 +0530 TaxTMI RSS Generator The Global Financial Crisis and the Indian Financial Sector What Have We Learnt and How Have We Responded? (Address by Dr. Duvvuri Subbarao, Governor, Reserve Bank of India at the 7th International Banking & Finance Conference 2013 organized by the Indian Merchants’ Chamber at Mumbai on June 5, 2013) https://www.taxtmi.com/news?id=11215 The address sets out India's regulatory responses to crisis lessons: implementation of Basel III consistent with higher domestic capital and liquidity standards and a phased timetable; strengthened oversight of shadow banking via regulation and restriction of deposit taking by NBFCs alongside enhanced surveillance and enforcement; a policy tilt toward subsidiarisation of foreign banks with conversion incentives and pending legal clarifications; incremental OTC derivatives reforms focused on standardisation, reporting, central clearing and guaranteed settlement; and debate over institutional arrangements for macroprudential oversight centered on the role of the Financial Stability and Development Council. News - Wed, 05 Jun 2013 13:19:49 +0530 https://www.taxtmi.com/news?id=11215