rbi speech, 2006-05-09
Fourth, a set of micro-prudential measures were instituted, to impart greater strength to the banking system and also to ensure their safety and soundness with the objective of benchmarking against international best practices (risk-based capital standards, income recognition, asset classification and provisioning requirements for non-performing loans as well as provisioning for 'standard' loans, exposure limits for single and group borrowers, accounting rules, investment valuation norms).
Sentiment: neutral
Topic: mp_interest_rate