RBI proposes stricter capital norms for Exim Bank, Nabard, NHB and Sidbi

“As the Indian economy grows further, the AIFIs are increasingly being seen as key institutions to promote the flow of direct or indirect credit to the economic sectors they cater to. It has been decided, therefore, to extend Basel III Capital framework to the AIFIs,” RBI said Friday in a draft master direction.

from Economy-News-Economic Times https://ift.tt/30SXlRZ