MintDec 13, 2021RBI asks banks to watch retail, MSME credit; shore up capital buffersThe Reserve Bank on Thursday asked banks to monitor their exposures to the retail and small businesses, saying both the segments are witnessing high stress.In its bi-annual financial stability report (FSR), the RBI also asked banks to shore up capital positions while favorable market conditions prevail, improve governance and remain vigilant in the context of global spillovers."The banking sector will be required to specifically guard against adverse selection bias while being alive to the credit demand from productive and viable sectors," the FSR said.Read more at Mint
The Reserve Bank on Thursday asked banks to monitor their exposures to the retail and small businesses, saying both the segments are witnessing high stress.In its bi-annual financial stability report (FSR), the RBI also asked banks to shore up capital positions while favorable market conditions prevail, improve governance and remain vigilant in the context of global spillovers."The banking sector will be required to specifically guard against adverse selection bias while being alive to the credit demand from productive and viable sectors," the FSR said.Read more at Mint
