RBI sets stage for a bank supervision overhaul

CHANGING TACK The changing landscape of banking supervision

CAMELS rating system to be phased out, as it lacks forward-looking assessment and merely represents banks’ performance   New system, INROADS, to capture the risks that may cause a bank to fail   Annual Financial Inspection report to be fast-tracked   Single-point contact at RBI to bridge regulatory gap   Information-sharing agreements with overseas regulators on cards

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