India’s Financial Sector - From Exuberance to Resilience (Speech delivered by Michael Debabrata Patra, Deputy Governor, Reserve Bank of India - September 18, 2023 - at the 16th SEACEN-BIS High Level Seminar hosted by the National Bank of Cambodia at Seim Reap, Cambodia) https://www.taxtmi.com/news?id=26846 The policy framework foregrounds financial stability via prudential regulation, supervisory modernisation, and strengthened capital and liquidity buffers across banks and NBFCs. Post-crisis reforms-asset quality review, revised PCA, recapitalisation, Basel III alignment (CET1, CCB, LCR, NSFR), insolvency mechanisms and an asset reconstruction vehicle-have materially improved asset quality, provisioning and profitability. SupTech, comprehensive stress testing and enhanced deposit protection complement vigilance against credit concentration, rapid retail credit growth and interest-rate shocks, while digital payment infrastructure and market deepening support inclusion and resilience. en-us Fri, 22 Sep 2023 09:41:42 +0530 Fri, 22 Sep 2023 09:41:42 +0530 TaxTMI RSS Generator India’s Financial Sector - From Exuberance to Resilience (Speech delivered by Michael Debabrata Patra, Deputy Governor, Reserve Bank of India - September 18, 2023 - at the 16th SEACEN-BIS High Level Seminar hosted by the National Bank of Cambodia at Seim Reap, Cambodia) https://www.taxtmi.com/news?id=26846 The policy framework foregrounds financial stability via prudential regulation, supervisory modernisation, and strengthened capital and liquidity buffers across banks and NBFCs. Post-crisis reforms-asset quality review, revised PCA, recapitalisation, Basel III alignment (CET1, CCB, LCR, NSFR), insolvency mechanisms and an asset reconstruction vehicle-have materially improved asset quality, provisioning and profitability. SupTech, comprehensive stress testing and enhanced deposit protection complement vigilance against credit concentration, rapid retail credit growth and interest-rate shocks, while digital payment infrastructure and market deepening support inclusion and resilience. News - Fri, 22 Sep 2023 09:41:42 +0530 https://www.taxtmi.com/news?id=26846