https://www.taxtmi.com/news?id=11623 Basel Core Principles assessment identified gaps in cross border supervisory cooperation, consolidated supervision, group borrower exposure limits, and limits on central bank independence. RBI has signed MoUs with overseas jurisdictions, conducted foreign inspections, hosted supervisory colleges, and supported inter regulatory MoUs among RBI, SEBI, IRDA and PFRDA to enable data sharing, coordinated inspections and resolution planning. Section 29A of the Banking Regulation Act was amended to permit joint inspections of associate enterprises. RBI intends a medium term plan to align large exposure norms with Basel guidance adapted to Indian needs and has sought legal amendment concerning nominee directors. en-us Fri, 30 Aug 2013 10:08:51 +0530 Fri, 30 Aug 2013 10:08:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11623 Basel Core Principles assessment identified gaps in cross border supervisory cooperation, consolidated supervision, group borrower exposure limits, and limits on central bank independence. RBI has signed MoUs with overseas jurisdictions, conducted foreign inspections, hosted supervisory colleges, and supported inter regulatory MoUs among RBI, SEBI, IRDA and PFRDA to enable data sharing, coordinated inspections and resolution planning. Section 29A of the Banking Regulation Act was amended to permit joint inspections of associate enterprises. RBI intends a medium term plan to align large exposure norms with Basel guidance adapted to Indian needs and has sought legal amendment concerning nominee directors. News - Fri, 30 Aug 2013 10:08:51 +0530 https://www.taxtmi.com/news?id=11623