https://www.taxtmi.com/news?id=22952 The Reserve Bank of India deployed monetary easing, large liquidity injections and supervisory reforms to preserve financial stability and ensure credit flow during the COVID-19 shock. It enhanced off site surveillance, reorganised supervisory functions, strengthened oversight of NBFCs and UCBs, and required banks and NBFCs to conduct forward looking stress testing with contingency capital and liquidity planning. The approach prioritises addressing causes of institutional weakness-business models, governance and assurance functions-while enabling non disruptive resolution of stressed entities and maintaining continuity of financial market infrastructure. en-us Sat, 11 Jul 2020 13:38:21 +0530 Sat, 11 Jul 2020 13:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22952 The Reserve Bank of India deployed monetary easing, large liquidity injections and supervisory reforms to preserve financial stability and ensure credit flow during the COVID-19 shock. It enhanced off site surveillance, reorganised supervisory functions, strengthened oversight of NBFCs and UCBs, and required banks and NBFCs to conduct forward looking stress testing with contingency capital and liquidity planning. The approach prioritises addressing causes of institutional weakness-business models, governance and assurance functions-while enabling non disruptive resolution of stressed entities and maintaining continuity of financial market infrastructure. News - Sat, 11 Jul 2020 13:38:21 +0530 https://www.taxtmi.com/news?id=22952