MUMBAI: A Reserve Bank working group has suggested that state governments should charge a minimum fee for guarantees extended by them on loans taken b.
Mumbai: The RBI on Wednesday constituted a nine-member committee to suggest, among other things, provisioning for Expected Credit Loss (ECL) framework.
a panel set up by the rbi to examine and review the state of customer service in regulated entities (res), has suggested that the central bank should consider making the charter of customer rights enforceable after reviewing and updating it. the central bank may consider extending the charter to on banking financial companies (nbfcs) also, it has suggested.
Shaktikanta Das said that from a growth perspective, India stands out as an isle of resilience in a "gloomy world" which is staring at slowing growth with possibilities of recession in some countries.