The Reserve Bank of India (RBI) on September 30, 2022, issued a statement on Developmental and Regulatory Policies which further relates to Regulation and Supervision and Payment and Settlement systems.
The following policy measures relating to Regulation and Supervision and Payment and Settlement systems have been stated:
• Discussion Paper on Expected Loss Based Approach for Loan Loss Provisioning by Banks
• Discussion Paper on Securitisation of Stressed Assets Framework (SSAF)
• Internet Banking Facility for Customers of Regional Rural Banks (RRBs)
• Regulating Offline Payment Aggregators
Disclaimer – Please refer to the notification for further information provided in the Link/Document.
[Press Release: 2022-2023/968]