....The country’s financial sector would now be evaluated under a dynamic risk-based mechanism, an aspect the present CAMELS rating system lacked, central banking sources said. RBI proposes to replace CAMELS with INROADS (Indian Risk-Oriented and Dynamic Rating System) from the next round of annual financial inspection, in 2013.....
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1 comment:
What an appropriae name for the new system. It exactly reflects what RBI"s Financial Inspections do to banks, viz. inroad into them!!!
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