https://www.taxtmi.com/news?id=37055 Priority sector credit expansion has been matched by a forward looking, risk oriented RBI supervisory framework and bank reforms to preserve financial stability. Banks' collaborations with FinTechs (e KYC, AI face recognition, alternate data underwriting, APIs) support faster credit assessment and service delivery. Regulatory measures include the Prudential Framework for resolution of stressed assets, mandatory provisioning norms, strengthened recovery laws and systems, stressed asset management units, automated Early Warning Systems, and the EASE reform agenda to promote early recognition and time bound resolution of stressed assets. en-us Wed, 12 Mar 2025 10:37:54 +0530 Wed, 12 Mar 2025 10:37:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=37055 Priority sector credit expansion has been matched by a forward looking, risk oriented RBI supervisory framework and bank reforms to preserve financial stability. Banks' collaborations with FinTechs (e KYC, AI face recognition, alternate data underwriting, APIs) support faster credit assessment and service delivery. Regulatory measures include the Prudential Framework for resolution of stressed assets, mandatory provisioning norms, strengthened recovery laws and systems, stressed asset management units, automated Early Warning Systems, and the EASE reform agenda to promote early recognition and time bound resolution of stressed assets. News - Wed, 12 Mar 2025 10:37:54 +0530 https://www.taxtmi.com/news?id=37055