Tighter unsecured lending norms preemptive, in interest of sustainability: RBI Governor
Governor Shaktikanta Das said lenders should continue with stress testing
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Governor Shaktikanta Das said lenders should continue with stress testing
Using the vine copula, the authors put forward a nonparametric means to generate and/or validate hypothetical stress scenarios.
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Reverse stress-testing or VAR may work better than existing outlier tests, but are hard to manage