RBI's FY15 agenda: Strengthen, reform, develop financial sector

.....As a measure to strengthen the banking structure, the RBI has proposed to review the group exposure norms for banks so as to align them with the revised global standards. "The tightening of exposure norms will also help in risk mitigation during cyclical downturns as banks' exposure under the framework will be more granular and diversified to a large number of unrelated counterparties rather than being concentrated to a handful of large and related counterparties," says the annual report.............

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