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<p><span>In 2014 the Financial Policy Committee (FPC) introduced two Recommendations to guard against a loosening in mortgage underwriting standards and a material increase in household indebtedness that could in turn amplify an economic downturn and so increase financial stability risks.</span></p>
With Covid curbs posing an upside risk to retail inflation and putting considerable pressure on the Reserve Bank of India to raise interest rates, the IMF has cautioned emerging markets should tailor their response based on their circumstances and vulnerabilities. "Some emerging markets have already started to adjust monetary policy and are preparing to scale back fiscal
Private cryptocurrencies are also prone to frauds and to extreme price volatility, given their highly speculative nature, RBI said in its latest FSR report.
Deposit-taking financial institutions in Barbados are being encouraged ...
Deposit-taking financial institutions in Barbados are being encouraged ...