India Financial Sector Assessment Program—Detailed Assessments Report on Basel Core Principles for Effective Banking Supervision

This paper discusses the findings of the assessments on Basel Core Principles for Effective Banking Supervision in India. The Reserve Bank of India is to be commended for its tightly controlled regulatory and supervisory regime, consisting of higher than minimum capital requirements; frequent, hands...

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Bibliographic Details
Corporate Author: International Monetary Fund Monetary and Capital Markets Department
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2013
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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651 4 |a India 
653 |a Depository Institutions 
653 |a Asset requirements 
653 |a Commercial banks 
653 |a Capital adequacy requirements 
653 |a Banks 
653 |a Banks and banking 
653 |a Financial institutions 
653 |a Bank supervision 
653 |a Value of Firms 
653 |a Micro Finance Institutions 
653 |a Financial Institutions and Services: Government Policy and Regulation 
653 |a Mortgages 
653 |a Market risk 
653 |a Financial risk management 
653 |a Banks and banking; State supervision 
653 |a Capital and Ownership Structure 
653 |a Operational risk 
653 |a Goodwill 
653 |a Banks and Banking 
653 |a Financial regulation and supervision 
653 |a Banking 
653 |a Financial Risk and Risk Management 
653 |a Financing Policy 
653 |a Financial services law & regulation 
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520 |a This paper discusses the findings of the assessments on Basel Core Principles for Effective Banking Supervision in India. The Reserve Bank of India is to be commended for its tightly controlled regulatory and supervisory regime, consisting of higher than minimum capital requirements; frequent, hands-on, and comprehensive onsite inspections; and a conservative liquidity risk policy and restrictions on banks’ capacity to take on more volatile exposures. Despite this strong performance, several gaps and constraints in the implementation of the regulatory and supervision framework remain. The most significant gaps are in the area of international and, to a lesser extent, domestic supervisory information sharing and cooperation