Business StandardFeb 6Banking sector remains resilient and stable: RBIThe Reserve Bank of India (RBI) has said that as a regulator and supervisor, it maintains a constant vigil on the banking sector and on individual banks to maintain financial stability.The RBI said, as per its current assessment, the banking sector remains resilient and stable. It added that various parameters relating to capital adequacy, asset quality, liquidity, provision coverage and profitability are healthy.The RBI further added that banks are also in compliance with the large exposure framework (LEF) guidelines issued by it.read more at Business Standard
The Reserve Bank of India (RBI) has said that as a regulator and supervisor, it maintains a constant vigil on the banking sector and on individual banks to maintain financial stability.The RBI said, as per its current assessment, the banking sector remains resilient and stable. It added that various parameters relating to capital adequacy, asset quality, liquidity, provision coverage and profitability are healthy.The RBI further added that banks are also in compliance with the large exposure framework (LEF) guidelines issued by it.read more at Business Standard
